PRA continues to streamline authorisations for (re)insurance ventures
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PRA continues to streamline authorisations for (re)insurance ventures

Marcel Le Gouais
27 September 2022
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The Prudential Regulation Authority (PRA) is progressing plans to streamline processes to authorise new ventures in the wholesale (re)insurance sector, as the regulator explores how to adopt a new competitiveness objective.

Executive director for prudential policy at the PRA Vicky Saporta said this morning that the regulator is also considering a mobilisation regime for new carriers as part of the Solvency II review, a move first indicated by the watchdog...

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News Regulation PRA
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Marcel Le Gouais
Deputy Editor
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