Archive

UK gov to review regulations allowing Aberdeen-Stagecoach style transactions

The Department for Work and Pensions said that the transaction did comply with guidance but "did so in a way not anticipated"

Marco gets green light for Part VII transfer of Inceptum liabilities

Legacy consolidator says transfer supports capital efficiency, policyholder security and its UK run-off capability

ABI keen to explore further Solvency UK reform

The trade body's director general, Hannah Gurga, spoke at Insurance Europe's annual conference

UK Pension Schemes Act to have mixed impacts on PRT market

New legislation is expanding the options for pensions schemes to de-risk, which may dent PRT volumes in the short term. Anna Sagar reports

Industry thinks the PRA's funded re plans are still "excessive"

The Prudential Regulation Authority's plans to introduce a higher counterparty risk charge on the use of funded reinsurance will likely limit the UK market. Ronan McCaughey and Christopher Cundy report

Brit launches multi-event cyber product for small businesses

Alternative life capital in the UK - a distant dream?

The UK life insurance sector has welcomed suggestions from the Prudential Regulation Authority about broadening sources of capital. But participants say meaningful changes may be years away, as Ronan McCaughey and Christopher Cundy report

"Nothing is off limits because the stakes are too high for half-truths"

David Otudeko's book on diversity, equity and inclusion (DEI) is an intrepid exploration of his experiences working in the financial services sector that seeks to explain the importance of DEI and how to take meaningful actions. He talks to Christopher Cundy

L&G rejoins ABI as bulk annuity group established

Association of British Insurers also overhauls governance structure

The Sam Woods "exit interview": Solvency II, sustainability risks and the secondary objective

In his final appearance before the UK's Treasury Committee, the CEO of the Prudential Regulation Authority reflected on his decade in the role and the future direction for regulation. Joshua Geer reports