PRA publishes PS2/24 with final Solvency UK rules
The Prudential Regulation Authority today published Policy Statement PS2/24, setting out near-final Solvency UK rules and updated policy materials following...
28 February 2024·4 min read
Regulation & Policy
55 articlesPRA 2024 insurance supervision priorities published
The Prudential Regulation Authority today set out its 2024 insurance supervision priorities in a letter to chief executives of PRA‑regulated insurers,...
18 January 2024·4 min read
European Council agrees Solvency II reform package
The European Council today formally endorsed a Solvency II reform package that implements the political agreement reached with the European Parliament in...
14 December 2023·3 min read
PRA clarifies matching adjustment eligibility for private assets
The PRA today clarified how private assets can qualify for the matching adjustment, setting out how its new “highly predictable” cashflow category will...
20 September 2023·3 min read
EIOPA consults on liquidity risk management for insurers
EIOPA today launched a consultation on a draft Opinion for supervising liquidity risk management in occupational pension schemes, setting out expectations...
20 June 2023·3 min read
PRA intensifies internal model scrutiny for UK insurers
The PRA today set out plans for more intensive and structured scrutiny of insurers’ internal models, combining streamlined approval rules with a new ongoing...
15 May 2023·3 min read
PRA reviews insurer third-party concentration risks
KPMG has today published analysis of the Prudential Regulation Authority’s Insurance supervision 2023 priorities letter, highlighting a renewed focus on...
15 April 2023·3 min read
PRA announces thematic review of bulk annuity market growth in 2023
The PRA will today launch a thematic review of risk management in the bulk purchase annuity market, focusing on credit and counterparty risk and liquidity...
15 January 2023·3 min read
EIOPA reviews internal model harmonisation across EU
EIOPA is stepping up its scrutiny of how national supervisors assess and approve Solvency II internal models, with a clear push to align methodologies and...
15 December 2022·2 min read
IFRS 17 implementation approaches with January 2023 deadline
IFRS 17’s 1 January effective date is now fixed, leaving insurers limited time to lock down methodologies, data and governance ahead of first reporting.
15 December 2022·3 min read