Prudential Regulation Authority (PRA)

PRA to look at Solvency II impact on insurers

The Prudential Regulation Authority will be working closely with the insurance industry to make sure that Solvency II requirements do not damage competition in the sector, the Association of British Insurers Annual Conference heard today.

FCA names Bailey incoming FSCS chair

The Financial Conduct Authority and the Prudential Regulation Authority have named Marshall Bailey as chair of the Financial Services Compensation Scheme with effect from 1 April 2018.

Analysis: Mutual benefits

With four mutuals making the UK top 20 insurers rankings for 2017 and results outperforming the rest of the market, mutuality is a sector to watch, especially as it is easier to innovate without constant shareholder pressure

MPs urge PRA to review Solvency II

The Prudential Regulation Authority must develop proposals to remove the limitations of Solvency II for the insurance market, MPs have said.

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