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PRA pauses work on risk margin reform - UPDATED
Cites ongoing uncertainty about UK-EU relationship
ABI appoints Direct Line risk head as its prudential committee chair
Laurence Townley will replace the outgoing David Innes in the role
IFRS 17 will cost more than Solvency II, say 90% of insurance professionals
Almost all confident of meeting 2021 deadline
PRA sets threshold for small insurers' SFCR audit exemption
Regulator also consults on DVA in internal models
Reinsurance Group of America commits to equal gender pay
US insurer boosts transparency on remuneration disparities
Systemic risk regulation 2.0
International regulators are revisiting the question of how to tackle systemic risk in the insurance sector, proposing an approach based around activities. Aggelos Andreou reports
UK finalises law to reform whiplash claims and Ogden rate
Government estimates £35 annual saving for each motor policyholder
Phoenix promotes customer director to CRO
Susan McInnes replaces Wayne Snow
PRA details response to parliament's Solvency II investigation
UK regulator makes full response to criticisms from Treasury Committee
Solvency II not impacting UK insurers' profitability - PRA chief
Sam Woods also rejects need for competition as primary objective