PRA proposes further reforms to capital rules for insurers
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PRA proposes further reforms to capital rules for insurers

Aisling Finn
29 June 2023
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PRA prudential reg.jpg

The Prudential Regulation Authority (PRA) is today consulting on reforms to Solvency II to create a UK regulatory regime for insurance firms, known as Solvency UK.

Proposed changes include simplifying reporting requirements for all firms and simplifying and improving the flexibility in the assessment of internal models.

The

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