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UK reacts angrily to Eiopa's Brexit preparedness warning - UPDATED

More than 100 UK and Gibraltar companies have no or insufficient contingency plans, says Eiopa

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PRA updates insurance firms on its post-Brexit supervisory approach

In case of a no-deal, firms will have a limited period to seek proper compliance

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UK postpones equity release mortgage reforms

Decision based on consultation feedback

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UK regulator sets expectations on climate risk management

More detailed guidance on best practice expected in 12-18 months

59801

UK drafts post-Brexit changes to Solvency II

Six key amendments identified

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Analysts welcome UK's move to improve solvency capital disclosure

PRA publishes template to aid insight into capital roll forward

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Prudential to switch supervisors after M&G demerger

Asian-focused business will no longer be overseen by the UK PRA

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Equity release mortgage lending "a scandal like Equitable Life"

Durham University professor warns of major errors in insurers' valuation

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Equity release mortgages: stopping the roof falling in

The Prudential Regulation Authority has shaken up life insurers by proposing new assumptions around the valuation of ERMs. The more prudent approach seeks to avoid a potential disaster if house prices stagnate or crash, but the impact on insurers could be serious. Christopher Cundy reports

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All UK Solvency II reporting to use XBRL

Transition period not allowed, but a testing window will be offered