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Direct Line fined £10.6m for miscalculation of Solvency II figures
11 March 2026Errors occurred during 2023 and 2024
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Katharine Braddick to lead the UK's PRA
27 February 2026Sam Woods to leave role after 10 years
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PRA CEO Sam Woods doesn't rule out going for BoE governor role
22 January 2026Regulator says decision would depend on circumstances in 2028 and stresses top job is "incredibly demanding"
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The Sam Woods "exit interview": Solvency II, sustainability risks and the secondary objective
22 January 2026In 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
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Sam Woods raises "overly concentrated life reinsurance structures" in Mansion House farewell
23 October 2025UK regulator also addressed Solvency UK and annuity writers' shareholder returns
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House of Lords issues damning report on UK regulators' risk-averse culture
13 June 2025The 13-month inquiry finds FCA and PRA have made little progress on their statutory growth mandate
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Only two insurers seek Solvency UK matching adjustment flexibilities, PRA reveals
29 April 2025Sam Woods answers MPs' questions on impact of Solvency II reforms
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No clash between UK government and PRA on deregulation, says Sam Woods
29 April 2025PRA's chief executive acknowledges political pressure for economic growth and comments on implications of AI
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Are the UK's regulatory reforms creating more risk?
29 April 2025As the UK government pushes for competitiveness and growth, financial regulators are allowing more risk into the financial system. Not everyone is convinced this is a safe bet, as Joshua Geer reports
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PRA's plan for insurance shows "evolution of priorities", says Sam Woods
15 April 2025The authority has published its 2025/26 business plan