PRA defends Part VII cost hike

The proposal would see the cost of portfolio transfers increase by 300% in some cases


Prudential Financial's life and investment business drops in Q4

Operating income in asset management arm falls 20%


Just's sales surge despite regulatory challenges

Bulk annuity markets provide boost to UK life insurer


UK to reduce longevity deal reporting burden

But PRA says firms must report on basis risk


Australian commission hauls insurers over coals for poor conduct

Industry acknowledges failings and vows to change


UK regulator demands greater focus on silent cyber risk

Prudential Regulation Authority shares views after surveying UK market


Athene and Prudential strike US pension deals

The agreements cover pension payments for over 40,000 retirees from security and aerospace firm Lockheed Martin


MPs grill Rule and Woods on equity release, ethics and Brexit

The UK parliament's house Treasury Committee yesterday questioned Bank of England chiefs Sam Woods and David Rule on a host of issues, including diversity, management ethics, Brexit - and insurers' treatment of equity-release mortgages. Ronan McCaughey and Christopher Cundy report


More insurers join Bloomberg gender equality index

From 2019, there are now 18 insurers overall featured in the gender equality index


IAIS outlines further details of systemic risk supervision plan

Proposed intervention powers criticised by industry as “broad and vague”