by Joanne Backshall | Apr 16, 2025 | Compliance, Culture, Digital, Insurers, Lloyd's, Operational Resilience, Operations, PRA Plan, Pricing, Prudential Regulation Authority, Senior Managers and Certification Regime, Solvency
The Prudential Regulation Authority (PRA) has published its Business Plan for 2025/26, outlining a strategic agenda that reflects not only evolving financial sector risks but also subtle recalibrations in regulatory posture. While the plan maintains continuity in many...
by Kenneth Underhill | Feb 28, 2025 | Appointed Representatives, Blueprint Two, Brokers, Climate Change, Compliance, Consumer Duty, Digital, Enterprise Risk Management, Environmental Social and Governance, Fair value, FCA, Governance, HR, Insurers, IT, Lloyd's, Multi Occupancy Buildings Insurance, Operational Resilience, Operations, Pricing, Product Governance, Prudential Regulation Authority, Risk, Senior Managers and Certification Regime, Solvency, Vulnerable customers
The latest edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. You can download your copy of Horizons here. This edition covers: Introduction The Longer-term Horizon Q1 2025...
by Benoit Steulet | Jan 20, 2025 | Operational Resilience, Prudential Regulation Authority
The Prudential Regulation Authority (PRA) has published a new Consultation Paper, CP17/24 – Operational Resilience: Operational Incident and Outsourcing and Third-Party Reporting. This paper outlines the proposed rules and expectations for firms to report operational...
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 Kenneth Underhill | Jan 9, 2025 | Appointed Representatives, Blueprint Two, Brokers, Climate Change, Compliance, Consumer Duty, Digital, Enterprise Risk Management, Environmental Social and Governance, Fair value, FCA, HR, Insurers, IT, Lloyd's, Multi Occupancy Buildings Insurance, Operational Resilience, Operations, Pricing, Product Governance, Prudential Regulation Authority, Risk, Solvency, Vulnerable customers
The latest edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. You can download your copy of Horizons here. This edition covers: Introduction The Longer-term Horizon Q4 2024...
by Kenneth Underhill | Nov 15, 2024 | FCA, Operational Resilience, Operational Resilience Assurance, Prudential Regulation Authority
Welcome to the final article of the ICSR Operational Resilience Assurance Week’s series (Follow the conversation on LinkedIn at: #ICSROpResAssuranceWeek) which details what firms need to have in place by the end of March 2025 to be compliant with Operational...