PRA: PS20/24 – Solvent exit planning for insurers
18 Dec 2024
United Kingdom
1 min read
PRA has published a policy statement which sets out its final policy on solvent exit planning for insurers and provides feedback to its January 2024 consultation. Key changes include postponing the implementation date from Q4 2025 to 30 June 2026 and excluding Lloyd’s managing agents from the policy.