PRA places emphasis on resilience in latest step to reform Solvency II
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PRA places emphasis on resilience in latest step to reform Solvency II

The Prudential Regulation Authority (PRA) has launched its market study to gather data for changes to components on insurers’ balance sheets, in its latest step to reform Solvency II.

In a letter to carriers, executive director for insurance Charlotte Gerken set out the scope of the PRA’s quantitative impact study (QIS) and its place within wider Solvency II reforms.

Three

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