BoE’s PRA warns UK life insurers of key risks in FundedRe arrangements
Reinsurance News - Jun 16, 2023
UK regulator the Prudential Regulation Authority (PRA), part of the Bank of England, wrote to life insurers to highlight the key risks about the use of funded reinsurance (FundedRe). FundedRe involves transferring the significant risks of both asset/investment and longevity to a reinsurer, effective...
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