Prudential Regulation Authority (PRA)

Europe: The run-off legacy

The run-off market looks set to consolidate its position in Europe, a trend borne out by a Clyde & Co survey which found 60% of insurer respondents expect to complete a deal in Europe in the next 12 months.

Lloyd’s: A period of adjustment

In a challenging year for the market, how is Lloyd’s responding to regulatory changes, international competition and the potential threat posed by passive underwriting structures?

ABI supports PRA Solvency II consultation

The Association of British Insurers has welcomed the Prudential Regulation Authority’s public consultation on its approach to implementing EIOPA’s guidelines for the preparation of Solvency II.

Solvent GI firms warned about PRA stance on schemes

Professional services giant KPMG has raised concerns that a draft supervisory statement issued by the Prudential Regulatory Authority suggests that the PRA no longer considers schemes an appropriate tool for solvent insurers.

Prettejohn to leave Brit

Brit Insurance’s non-executive director Nicholas Prettejohn will retire from the company’s board at the end of June, following his appointment as non-executive director of the Prudential Regulation Authority.

L&G blocked on CFO appointment

Legal and General have been barred from appointing their choice of chief financial officer, according to reports.

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