PRA to scrutinise liquidity risk among insurers amid banking crisis fallout
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PRA to scrutinise liquidity risk among insurers amid banking crisis fallout

Marcel Le Gouais
27 March 2023
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Houses Of Parliament in the morning

The UK Prudential Regulation Authority (PRA) is to embark on work to understand liquidity risk across insurers, in the aftermath of liquidity crises that have engulfed Silicon Valley Bank, Signature Bank and Credit Suisse in the past three weeks.

Speaking today at the Westminster Business Forum on insurance and next steps for Solvency II reforms, the PRA’s director for insurance supervision Shoib Khan explained that the regulator wants to understand the liquidity positions of insurers, considering recent stress...

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Marcel Le Gouais
Deputy Editor
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