Reinsurance reliance driving “worrying” concentration risk in UK, says regulator
Reinsurance News - Sep 21, 2022
UK regulator the Prudential Regulation Authority (PRA) is “paying close attention” to the potential for concentration risk due to insurers’ reliance on reinsurance as a risk management tool, analysts at the Bank of England have warned. Speaking at a recent BoE conference, Charlotte Gerken, Executive...
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