How to implement an effective and compliant model validation process

Ashish Kwatra and Jennifer (Kang) Khaleghy continue to share their experiences around successful internal model approval programmes with a focus on independent model validation – an area closely scrutinised by the regulator


PRA pauses work on risk margin reform - UPDATED

Cites ongoing uncertainty about UK-EU relationship


PRA to switch all Solvency II reporting to XBRL

Also consulting on changes to internal model reporting


PRA sets threshold for small insurers' SFCR audit exemption

Regulator also consults on DVA in internal models


PRA sets out agenda for insurance regulation

Business plan spells out regulator's approach for 2018-19


Planning your IMAP programme

In part two of this feature, Ashish Kwatra and Jennifer (Kang) Khaleghy highlight key areas to consider when planning for internal model approval


PRA to liberate smaller insurers from SFCR external audit requirement

More than 150 firms estimated to benefit from proposed change


Australian life insurers facing regulatory crackdown

Influential parliamentary report says self-regulation not enough


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