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Are you ready to be stress tested by the PRA?

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The regulator’s 2026 dynamic stress test will plunge insurers into a real-time, three-week crisis simulation unlike anything the sector has faced before, forcing firms to prove not just their capital strength but their ability to make rapid, data-driven decisions under pressure.

The Prudential Regulation Authority’s next major general insurance stress test will not look like anything the sector has faced before.

The 2026 Dynamic General Insurance Stress Test, also known as

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FCA and PRA turn spotlight on MGA oversight

The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.

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