Rewrite of insurance rules may have limited impact

Michael Abramson explores the effects of insurance regulation updates on risk reduction

clock • 3 min read
Michael Abramson
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Michael Abramson

The government and the Prudential Regulatory Authority (PRA) has published further details regarding reforms to UK insurance regulation.

On the face of it, these appear to support the previous headlines of a 10-15% cut in capital for life insurers, but recent questioning of the PRA may suggest otherwise. HM Treasury issued a cons...

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