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Prime Minister Theresa May’s Brexit deal was defeated in Parliament on 12 March 2019, with 391 members of Parliament (MPs) voting against the deal and only 242 voting in favour of the deal. Although the margin of loss was smaller at 149 votes relative to the 230 votes in the January 2019 vote, this was still viewed as a significant loss.
The insurance industry is gearing up for one of its most radical financial reporting changes in the last two decades, and insurers are running out of time to interpret and apply these new requirements to their insurance contracts and reporting.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?