The UK Prudential Regulation Authority (PRA) has published a policy statement on the identification and management of step-in risk (PS5/25). The policy statement provides feedback on responses to ...
On 5 February 2019, the Prudential Regulation Authority (PRA) published Consultation Paper (CP) 3/19, which proposes to update Supervisory Statement (SS) 18/16 “Solvency II: longevity risk transfers” ...
The Prudential Regulatory Authority (PRA) has warned of “systemic risk” within the bulk annuity market as insurers compete for defined benefit (DB) pension schemes’ business. Specifically, the ...
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