Personal Insurance

UK's PRA to continue reforming ILS and cat bond frameworks to enhance competitiveness

The Prudential Regulation Authority (PRA) of the Bank of England has confirmed that it will continue to work with the HM Treasury on further reforms to enhance insurance-linked securities (ILS) and catastrophe bond frameworks in the United Kingdom in order to amplify competitiveness within the market.Today, the Prudential Regulation Authority published its business plan for 2026/27 and highlighted continued development of its insurance-linked securities (ILS) and alternative reinsurance capital frameworks. ,.. Read More

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