New regime proposed for insurers on brink of collapse
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New regime proposed for insurers on brink of collapse

Marcel Le Gouais
26 January 2023
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The UK Treasury has set out proposals this morning for a new resolution regime that would be triggered when insurers are on the verge of insolvency, in a consultation that includes “stabilisation” tools for such an event.

The paper on a new insurer resolution regime outlines four options for the Prudential Regulation Authority (PRA) to deploy to stabilise a failing insurer quickly, and to minimise risks to the wider financial sector.

These

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PRA Regulation News
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Marcel Le Gouais
Deputy Editor
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