by Claire King | Jan 16, 2025 | ICSR News
We’re delighted to announce that Callum Hadley has joined us as a Risk Manager, reporting to Risk & Compliance Director Claire King. Callum will be supporting clients with a wide range of operational and enterprise risk management matters. Callum has experience...
by Claire King | Jan 14, 2025 | Actuarial, Authorisations, Compliance, Enterprise Risk Management, Insurers, Operational Resilience, Prudential Regulation Authority, Risk, Solvency
In a letter dated 9th January 2025 from Gareth Truran (Executive Director, Insurance Supervision) and Shoib Khan (Director, Insurance Supervision), the PRA has set out its insurance supervision priorities for 2025. Those who have long memories may observe that the...
by Claire King | Aug 2, 2024 | Prudential Regulation Authority, Solvency
The PRA have set out their expectations on the future use of funded reinsurance in Supervisory Statement SS5/24 which took effect from the date of publication (26th July 2024) – and imposes a relatively short Board assessment and PRA reporting deadline of 31st October...
by Claire King | May 21, 2024 | FCA, Operational Resilience, Prudential Regulation Authority
In March 2021, the PRA and FCA issued their joint final supervisory statements related to firms’ demonstration of Operational Resilience (SS2/21 and PS21/3). Learning lessons of the fallout from TSB’s technical issues related to its IT systems and data migration...
by Claire King | May 8, 2024 | Brokers, ICSR News
ICSR will again be supporting the Managing General Agents Association (MGAA) with its presence at the 2024 BIBA Conference. This year’s theme is “What’s Next?”, an opportunity for our industry to collectively debate what the future of insurance might look like. With...
