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Patrick Tiernan nets top job at Lloyd's
08 May 2025Becomes CEO effective 1 June
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Insurers have all they need for £100bn UK productive assets commitment, PRA says
01 May 2025Gareth Truran explains regulator's efforts to speed up MA approvals and reasoning for investment accelerator two-year timescale
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UK lifers unlock £78bn of capital benefits from MA in 2024
01 May 2025Their benefit comprised £34.7bn lower SCRs and £43.4bn higher eligible own funds
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PRA launches consultation on creation of Matching Adjustment Investment Accelerator
08 April 2025Proposal aims to ensure insurers don't miss out on investment opportunities while waiting for full MA permission
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Phoenix Group's Andy Briggs appointed new ABI president
25 February 2025Replacing Zurich's Tim Bailey with immediate effect
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Phoenix Group calls for even more risk-friendly MA sandbox
15 January 2025Comments in Parliamentary select committee hearing suggest regulatory culture shift needed to encouraging competitiveness and growth
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PRA focused on rising volumes of BPA deals
30 September 2024Regulator is paying close attention to insurer capability and risk management, Standard Life's Kunal Sood told Insurance Asset Risk
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PRA plans to publish final set of Solvency UK rules in November
24 September 2024Rules will come into force at the end of the year
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Convex group's investment income soars as 93% fixed income focus pays off
26 July 2024Bermudian insurer made "modest" additions to credit and equity positions last year, its FCR said
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PRA consulting with insurers on implementation of "sandbox" to test MA eligibility
25 April 2024No consensus yet on what sandbox would look like, BoE says