The Prudential Regulation Authority ("PRA") has issued a letter, dated 4 July 2025, to Chief Risk Officers of life insurers active in the bulk purchase annuity ("BPA") market. The letter focusses on ...
The Prudential Regulatory Authority (PRA) has warned of “systemic risk” within the bulk annuity market as insurers compete for defined benefit (DB) pension schemes’ business. Specifically, the ...
On 5 February 2019, the Prudential Regulation Authority (PRA) published Consultation Paper (CP) 3/19, which proposes to update Supervisory Statement (SS) 18/16 “Solvency II: longevity risk transfers” ...
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