Lucy HadrillAnna Sweeney – Executive Director, Insurance at the PRA – delivered a speech on the Solvency II review at the JP Morgan European Insurance Conference.
The speech covered the work the PRA will do with HM Treasury to understand the impact of potential prudential policy changes and encouraged PRA-regulated firms to take part in the review process.
The PRA also provided an update on plans for stress testing firms in 2022 and confirmed its intention to consult on any potential changes needed to its approach early next year.
