15 Nov 2024PRA finalises insurance own-funds permissions under Solvency UKALM & CapitalPrudential Regulation Authority
10 Nov 2024PIC private credit allocation reaches £15bn across strategiesPrivate CreditPension Insurance CorporationAres ManagementWellington Management
1 Oct 2024EIOPA opens first batch of consultations on technical standards after Solvency II ReviewRegulation & PolicyEIOPA
30 Sept 2024Royal London enters bulk-annuity market with £500m deal limitPeople MovesBarry O’DwyerRoyal London
1 Sept 2024Barings launches first European middle market private credit CLO valued at €380mInvestment StrategyBaringsFitch Ratings
26 Jul 2024PRA publishes SS5/24 on funded reinsurance following PS13/24Regulation & PolicyPrudential Regulation AuthorityPwCHymans Robertson
30 Jun 2024PRA publishes final matching adjustment policy in PS10/24MA & SBAPrudential Regulation AuthorityKPMG
12 Jun 2024L&G combines LGIM and L&G Capital in single asset-management divisionALM & CapitalLegal & GeneralLGIM
1 Jun 2024First dedicated private credit LTAF receives FCA authorisationInvestment StrategyFinancial Conduct Authority
31 May 2024FCA anti-greenwashing rule comes into forceESG & SustainabilityFinancial Conduct Authority
23 May 2024PRA publishes PS8/24 on third-country insurance branch supervisionRegulation & PolicyPrudential Regulation Authority
22 May 2024L&G completes c.£900m ICI pension buy-in, taking total to £7bnALM & CapitalLegal & GeneralLCP
22 May 2024ACPR short-term climate scenario projects impairment losses of 13% on French insurer portfoliosALM & CapitalACPR
29 Apr 2024abrdn completes sale of private-equity business with £7.4bn AUM to PatriaInvestment Strategyabrdn
18 Apr 2024Phoenix Group 2024 SFCR shows solvency coverage of 151%ALM & CapitalStandard LifePrudential Regulation Authority
12 Apr 2024Legal & General 2024 SFCR shows own funds of £15.9bnALM & CapitalLegal & GeneralPrudential Regulation AuthorityLGIMStandard Life
27 Mar 2024PIC invests £1.6bn in privately sourced UK debt as PICG’s portfolio reaches £46.8bnALM & CapitalPension Insurance Corporation
29 Feb 2024PRA publishes PS3/24 finalising Solvency II reporting and disclosure changesRegulation & PolicyPrudential Regulation Authority
28 Feb 2024PRA publishes PS2/24 with final Solvency UK rulesALM & CapitalPrudential Regulation Authority
15 Feb 2024Rothesay invests £1bn in green bonds for portfolio decarbonisationESG & SustainabilityRothesay
30 Jan 2024PRA clarifies expectations for illiquid asset managementPrivate CreditPrudential Regulation AuthorityMillimanClifford ChanceKPMG
23 Jan 2024PRA proposes that insurers prepare for solvent exit as part of business-as-usual activityRegulation & PolicyPrudential Regulation Authority
18 Jan 2024PRA 2024 insurance supervision priorities publishedRegulation & PolicyPrudential Regulation AuthorityBank of England
28 Nov 2023FCA finalises anti-greenwashing rule effective May 2024ESG & SustainabilityFinancial Conduct Authority
15 Oct 2023Generali acquires Aperture Investors to expand US capabilitiesDeals & M&AGeneraliAperture Investors
20 Sept 2023PRA clarifies matching adjustment eligibility for private assetsMA & SBAPrudential Regulation Authority
1 Sept 2023Phoenix Group awards GBP25bn mandate to Schroders SolutionsInvestment StrategyStandard LifeSchroders
30 Jun 2023PRA guidance on treatment of private assets in matching adjustmentMA & SBAPrudential Regulation Authority
15 May 2023PRA intensifies internal model scrutiny for UK insurersRegulation & PolicyPrudential Regulation Authority
20 Apr 2023Rothesay completes £3.6bn British Airways pension buy-inPRT & LongevityRothesayHymans RobertsonLegal & General
15 Apr 2023PRA reviews insurer third-party concentration risksRegulation & PolicyPrudential Regulation AuthorityKPMGPwCHymans Robertson
13 Mar 2023Phoenix solvency ratio rises to 189% as BPA capital strain fallsALM & CapitalStandard LifeSun Life
13 Mar 2023Bank of England identifies uncertainty over banks’ and insurers’ capital for future climate lossesALM & CapitalBank of England