United Kingdom: Insurance

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Article
PRA Proposes Funded Reinsurance Reform
The UK's Prudential Regulation Authority has proposed fundamental reforms to the regulatory capital treatment of funded reinsurance transactions under Solvency UK, potentially doubling or tripling capital requirements for insurers. These changes could reshape the competitive landscape of the UK life insurance market, favoring larger reinsurers with strong credit ratings while creating new barriers to entry for smaller players.
United Kingdom Insurance
SA
Skadden Arps Slate Meagher & Flom
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Article
PRA Proposes Funded Reinsurance Reform
The UK's Prudential Regulation Authority has proposed fundamental reforms to the regulatory capital treatment of funded reinsurance transactions under Solvency UK, potentially doubling or tripling capital requirements for insurers. These changes could reshape the competitive landscape of the UK life insurance market, favoring larger reinsurers with strong credit ratings while creating new barriers to entry for smaller players.
United Kingdom Insurance
SA
Skadden Arps Slate Meagher & Flom
See more