PRA announces thematic review of bulk annuity market growth in 2023
15 January 2023·1 min read
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 demands from derivative instruments, following record premium volumes written in 2023. The review follows earlier thematic work in 2022-2023 on funded reinsurance arrangements…
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