BoE’s PRA proposes stricter guidelines for insurers utilising funded reinsurance
Reinsurance News - Nov 20, 2023
In response to the rapid growth in the UK Bulk Purchase Annuity (BPA) market, the Prudential Regulation Authority (PRA) has put forth proposals aimed at enhancing the risk management and structuring of funded reinsurance arrangements. The PRA’s concerns center around the specific risks associa...
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