Regulator aims to make it easier for insurers to invest

Sam Woods - Deputy Governor for Prudential Regulation and Chief Executive Officer of the Prudential Regulation Authority
Photo: Bank of England

The Prudential Regulation Authority is proposing to make it easier for insurers to invest within their matching adjustment portfolios, according to CEO Sam Woods.

As part of plans to replace Solvency II with Solvency UK, the PRA launched a consultation and engaged with the Association of British Insurers to look at enabling “broader and quicker” investment by

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City minister Siddiq is replaced by Reynolds

Less than 24 hours before she was due to appear at the British Insurance Brokers’ Association’s Manifesto launch, Tulip Siddiq has resigned as Treasury minister and been replaced by Labour MP Emma Reynolds.

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