PRA’s new regulatory controls on funded reinsurance to accelerate risk mitigation: S&P
Reinsurance News - Jul 31, 2024
S&P Global Ratings welcomes the Prudential Regulation Authority (PRA) new measures to control the spike in funded reinsurance (Funded Re) transactions and believes they will mitigate the associated risks, if implemented properly . This follows a warning from the PRA stating that the UK life insu...
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