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Solvent exit planning: Why insurers must act now

Tube exit

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.

With just over a year remaining before the Prudential Regulation Authority’s new solvent exit planning rules take effect on 30 June 2026, many insurers are still in the early stages of preparing their

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Poverty premium adds £224 to motor insurance costs

The “tax on being poor” identified by the Financial Conduct Authority’s former head of insurance Matt Brewis remains firmly in place, according to new research from Fair By Design and the University of Bristol’s Personal Finance Research Centre.

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