The company is still working to get debt holder approval for the Accredited deal....
PRA lays out approach to insurance supervision under Solvency II
The changes lift the threshold for companies reporting in the Solvency UK regime to £25mn....
The changes lift the threshold for companies reporting in the Solvency UK regime to £25mn....
Article / 19 days ago
Opinion: 10 regulatory reforms that will (finally) become a reality
With a new competitiveness duty for financial regulators now enshrined in law, and Solvency II reforms in the final straight, this publication has...
With a new competitiveness duty for financial regulators now enshrined in law, and Solvency II reforms in the final straight, this publication has...
Article / 6 months ago
Insider in Full: Opinion: 10 regulatory reforms that will (finally) become a reality
With a new competitiveness duty for financial regulators now enshrined in law, and Solvency II reforms in the final straight, this publication has digested the significant changes that (should) make a tangible difference in firms’ interactions with the watchdogs...
With a new competitiveness duty for financial regulators now enshrined in law, and Solvency II reforms in the final straight, this publication has digested the significant changes that (should) make a tangible difference in firms’ interactions with the watchdogs...
Article / 6 months ago
PRA signals shift to disclose individual carrier results of stress tests
The Prudential Regulation Authority (PRA) has signalled a shift under Solvency II reforms to start disclosing results for individual insurers from...
The Prudential Regulation Authority (PRA) has signalled a shift under Solvency II reforms to start disclosing results for individual insurers from...
Article / 6 months ago
PRA to scrutinise liquidity risk among insurers amid banking crisis fallout
The UK Prudential Regulation Authority (PRA) is to embark on work to understand liquidity risk across insurers, in the aftermath of liquidity crises...
The UK Prudential Regulation Authority (PRA) is to embark on work to understand liquidity risk across insurers, in the aftermath of liquidity crises...
Article / 12 months ago
Firms will have ‘very good sense' of regulatory changes this year: PRA's Woods
The Prudential Regulation Authority (PRA) is targeting the end of 2023 to provide firms with a “very good sense” of how the new regulatory regime will...
The Prudential Regulation Authority (PRA) is targeting the end of 2023 to provide firms with a “very good sense” of how the new regulatory regime will...
Article / 1 year ago
New City Minister Griffith handed Solvency II, regulatory reform remit
The Treasury has confirmed the appointment of former Sky CFO Andrew Griffith as City Minister, a role in which he will leading the most significant reforms to...
The Treasury has confirmed the appointment of former Sky CFO Andrew Griffith as City Minister, a role in which he will leading the most significant reforms to...
Article / 2 years ago
Johnson ‘impatient’ with regulators over Solvency II reform: report
UK Prime Minister Boris Johnson has told confidants he is “getting impatient” with the Prudential Regulation Authority (PRA) over reforms to Solvency II, according to a report.
UK Prime Minister Boris Johnson has told confidants he is “getting impatient” with the Prudential Regulation Authority (PRA) over reforms to Solvency II, according to a report.
Article / 2 years ago
PRA to raise levy by 8%, commits to mobilisation process for new carriers
The Prudential Regulation Authority (PRA) plans to raise its levy by 8% for the year 2022/23 as it looks to employ around 100 new staff and instigate various reforms including changes to Solvency II...
The Prudential Regulation Authority (PRA) plans to raise its levy by 8% for the year 2022/23 as it looks to employ around 100 new staff and instigate various reforms including changes to Solvency II...
Article / 2 years ago
Regulatory regime could drive European business from UK: Scor’s Newman
The UK’s financial regulatory system, without reform to reduce the cost of compliance, could drive European-headquartered businesses...
The UK’s financial regulatory system, without reform to reduce the cost of compliance, could drive European-headquartered businesses...
Article / 2 years ago