Archive

Prudential Financial to reinsure $10bn of traditional variable annuities

PRA reiterates regulatory reforms and competitiveness in 2023/24 business plan

The UK regulator also outlined plans to focus on the continuous impact of claims inflation

Insurers need to improve their stress testing, urges AM Best

The rating agency said the escalation of economic risks highlights the importance of ERM

UK regulator calls for restraint in bulk annuity market

Charlotte Gerken warns of emerging risks in pension de-risking activity

Prudential's IFRS 17 and restructuring costs hit $294m in 2022

The insurer said it will provide an update on the accounting standard's impact in June

UK's Solvency II reforms would increase risk of life insurer failure by 20%

Bank of England's governor responds to MPs' request for analysis

PRA set to outline accountability metrics for UK competitiveness drive

The watchdog will hold a conference in September to deepen links between regulation and growth

Record-breaking year for US PRT market in 2022

Growth was driven by nine individual transactions near or over the $1bn mark

Most US insurers benefiting from LDTI transition

New accounting standard will smooth earnings volatility and increase transparency

PRA proposes Solvency UK consultations in June and September

Some topics require more industry engagement, says Sam Woods