week commencing 17/02/19:

Parliamentary defections and national debate surrounding a certain would-be returnee Isis bride consumed public consciousness this week. Read on for our picks of the industry highlights.

EIOPA publishes no-deal Brexit guidelines
The EU’s insurance watchdog has published recommendations on avoiding post-Brexit chaos in the event of a no-deal scenario, saying that policies bought by EU customers from British insurers will remain valid. External-link [Reuters]

Aviva moves 1.39m policies to Irish post-Brexit hub
Aviva has completed the transfer of 1.39 million policies to its Irish post-Brexit hub, including European and Irish business currently written out of the UK. External-link [Insurance Post]

India: Core sandbox committee to balance insurtech needs
The Indian insurance regulator established a core sandbox committee to balance the competing needs of protecting policyholder interests whilst also promoting innovation in the sector. External-link [Asian Insurance Review]

Obituary: Sir David Rowland, ex-Lloyd’s Chairman
Former Lloyd’s Chairman Sir David Rowland has died aged 85. External-link [Insurance Day]

UK insurtechs received more than $1bn investment in 2018
British insurtech businesses enjoyed a collective investment of more than US$1bn last year, despite global insurtech investment almost halving in the same period. External-link [Insurance Business Magazine]

Ocado warehouse fire claim to cost £100m
FM Global is facing a claim in the region of £100m for property loss and business interruption following the recent Ocado warehouse fire. External-link [Insurance Insider]

Cyber risk denial amongst Asian SMEs
A new survey has found that Asian SMEs consider themselves better placed to deal with cyber risk than larger businesses despite their increased exposure. External-link [Commercial Risk]

Why the industry should shift blockchain expectations
According to Citigroup chief Mike Corbat, the technology won’t be “transformational” in the short term, but he has high expectations for it in the longer term once the industry catches up. External-link [Financial Times]

Broker market review ends and finds “no significant harm” to competition
The FCA has concluded its market review early and plans to deal with the minor issues discovered through its standard process. External-link [Insurance Insider]

China: Belt and Roadblocks
President Xi’s global investment program has faced hurdle after hurdle and is now attracting criticism at home as economic and fiscal concerns rise. External-link [Nikkei Asian Review]

Facts or fake news?
Can you spot your facts from your fake news? There have been suggestions that we need some form of verification system online to separate the two as the lines become increasingly blurred. External-link [Wired]

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