Prudential Regulation Authority (PRA)
PRA promises to help build ‘internationally competitive’ captives regime
Shoib Khan, director of insurance supervision at the Bank of England, has said the government's upcoming captives regime will endeavour to be “internationally competitive”.
Vote for The Industry Impact winner at the 2025 British Insurance Awards
The voting is now open for you to decide who should be the recipient of the Industry Impact Award at the 2025 British Insurance Awards.
Solvent exit planning: Why insurers must act now
With the Prudential Regulation Authority’s new solvent exit planning rules looming, Bob Haken and Will Reddie, partners at law firm HFW, argue insurers must prepare tailored, robust strategies sooner rather than later.
FCA and PRA greenlight Aviva’s Direct Line takeover
The Financial Conduct Authority and the Prudential Regulation Authority have both given the go ahead for Aviva’s £3.7bn acquisition of Direct Line Group.
Could M&A, motor and regulation drive the UK legacy market to new heights?
Legacy insurers and reinsurers are confident they step up the frequency with which they transact with insurers in the ‘live’ general insurance market in the years to come.
Insurance industry’s most powerful players revealed
Making multi-billion-pound takeover bids for rivals and challenging political posturing is what it took to secure the top spots on Insurance Post’s 2025 Power List.
Sam Woods, Prudential Regulation Authority
Sam Woods, CEO of the Prudential Regulation Authority, has soared up Insurance Post’s Power List 2025 by fearlessly pushing back against successive governments’ political posturing and understanding the burden of red tape.
Regulator consulting on ‘complete rewrite’ of climate expectations
The Prudential Regulation Authority has released a consultation paper setting out proposals on updated supervisory expectations for banks and insurers aimed at helping them “manage the effects of climate change”.
Solvent exit planning: a crucial step for insurers
While the regulator has postponed the implementation date for the solvent exit planning rules for insurers to 30 June 2026, Sarah Ouarbya, partner for risk consulting and regulatory compliance at Forvis Mazars, warns providers shouldn't put off producing…
How Brexit has affected the UK insurance market
Five years on from the UK exiting the European Union, David Worsfold examines if the insurance industry benefitted or received a blow from Brexit.
PRA launches consultation to help insurers rapidly invest
The Prudential Regulation Authority has outlined plans for a matching adjustment investment accelerator to reduce the barriers to rapid investment insurance firms face.
Labour demands regulators cut red tape
Chancellor Rachel Reeves met with “top regulator bosses” in Downing Street today (17 March) to demand they cut the administrative cost of regulation on business by a quarter.
FSCS hires Martyn Beauchamp as CEO
The Prudential Regulation Authority and Financial Conduct Authority have appointed Martyn Beauchamp as CEO of the Financial Services Compensation Scheme.
Insurers to deepen ties with asset managers
Insurers will deepen their ties with alternative asset managers as they shake-up their investment portfolios in a bid to boost portfolio returns, according to Moody’s.
What to expect from the regulator in 2025
In the first Insurance Post Podcast of 2025, regulatory experts reveal whether the Financial Conduct Authority will become a pricing regulator and slim down the rule book in the year ahead.
Insurance regulation: Who watches the watchdogs?
As HM Treasury looks to the financial watchdogs to help boost the general insurance sector’s competitiveness, Marcel Le Gouais observes oversight of the FCA and PRA is starting to look very different.
PRA CEO tells Starmer his main focus is stability
Sam Woods, CEO of the Prudential Regulation Authority, has written to prime minister Keir Starmer promising to support the Labour government’s growth goal.
Regulator aims to make it easier for insurers to invest
The Prudential Regulation Authority is proposing to make it easier for insurers to invest within their matching adjustment portfolios, according to CEO Sam Woods.
Sign up for webinar on managing the growing regulatory burden
A recent survey highlighted the increasing strain the insurance market is under.
Regulator delays general insurance stress test
The Prudential Regulation Authority has postponed the dynamic general insurance stress test launch as switching from Solvency II to Solvency UK reporting requirements mean providers have enough on their plate in 2025.
Insurer CEOs focusing on cost cutting rather than diversity
Reboot’s 2024 Race to Equality report has found that budget cuts are the biggest contributing factor to the slowing down or silencing of diversity efforts.