UK

Analysis

15 January 2025

Gareth Truran discusses the PRA's 2025 priorities for insurance

The executive director of insurance supervision at the Prudential Regulation Authority (PRA) opens up on the risks facing life insurers, how the regulator's competitiveness objective is being realised, and how UK insurers are exposed to complex international linkages
30 December 2024

Eiopa's call for cross-border overhaul, and the path to a single EU supervisor

Challenges with supervising cross-border insurance sales has prompted the EU's insurance authority to demand greater powers. But could bigger events in Brussels overtake them? Christopher Cundy and Martin Assmann report
16 December 2024

RGA eyes global growth of funded re

RGA has been one of the prime movers in reinsuring the UK's pension risk transfer insurers. Izzy Bickford, director, business development, talks to Sarfraz Thind about the funded reinsurance business and how she sees it developing
18 November 2024

Consumer Duty has become a burden for insurers... but in a good way

The Consumer Duty rules have reshaped the UK's conduct regulation by demanding insurers place customers' needs first. While still seen as a burden, it has been is welcomed as a step towards better outcomes for all. Joshua Geer reports
14 October 2024

Time to adopt ICS, conclude AM comparable

The deadline to adopt the Insurance Capital Standard is fast approaching and a crucial decision on comparability with the US Aggregation Method awaits. ACLI's Mariana Gomez-Vock argues it is time for supervisors to resolve their differences

News

  • Fingerprints of climate change on 2024's natcat insured losses, warns Gallagher Re

    22 January 2025

    The reinsurance broker has published its latest natural catastrophe and climate report

  • Axa Global Healthcare appoints Rob Kurau as CRO

    21 January 2025

  • WTW appoints head of technology strategy

    21 January 2025

  • UK's proposed ransomware payment ban may add to insurance costs

    20 January 2025

    Government wants to disrupt ransomware business model

  • Record low death rates in 2024 reported by UK's CMI

    16 January 2025

    But mortality for younger adults is still above the ten-year average

  • Phoenix CEO: UK regulator faces big cultural change to turn tide on competitiveness

    15 January 2025

    Andy Briggs discusses MA accelerator and stress testing at UK parliamentary committee

  • Just Group closed 43% more bulk annuity deals in 2024

    15 January 2025

    UK life insurer completed 129 pension de-risking deals last year

  • Consumer Duty rules improve insurers' practices, but trust gap remains, says CII

    15 January 2025

    Progress noted in claims handling, but loyalty concerns persist as satisfaction falls

  • IFoA rekindles mutual recognition agreement with Actuarial Association of Europe

    13 January 2025

    The UK actuarial institute withdrew its participation in the AAE MRA post-Brexit

  • Funded re, climate and operational resilience among PRA's 2025 priorities

    10 January 2025

    UK regulator sets out focus for this year's supervision of insurers

  • Utmost sets target for bulk annuity growth

    09 January 2025

  • UK to go ahead with MA investment accelerator proposals

    08 January 2025

    Sam Woods answers questions from UK financial services regulation committee

  • Megan Dickow: Climate inaction is a concern

    08 January 2025

    Megan Dickow, group head of ERM at Zurich, shares her view on the positive developments in 2024 - and emerging risks to monitor in 2025

  • PIC laces up £540m buy-in deal to secure Clarks pension fund

    07 January 2025

  • Lovell Minnick invests in consultancy Broadstone

    07 January 2025
Most Read
  1. What the insurance industry thinks about Trump's return
  2. Axa Global Healthcare appoints Rob Kurau as CRO
  3. Natural Catastrophes modelling webinar series
  4. US insurability crisis casts a dark cloud on Europe
  5. Bermuda seeks a little help from its friends for asset intensive oversight
  6. New tech is helping insurers model "unimaginably complex" wildfire risk
  7. French supervisor to prioritise geopolitical risk and simplification in 2025
  8. UK's proposed ransomware payment ban may add to insurance costs
  9. Bulgarian regulator defends its solvency assessment process against Eiopa criticism
  10. Moody's RMS estimates up to $30bn insured losses from LA wildfires