
The Prudential Regulation Authority (PRA) has floated proposals to widen the pool of capital available to UK life insurers, encouraging the sector to tap alternative sources such as pension funds, sovereign wealth and private‑equity investors. Insurers welcomed the idea, seeing potential for greater balance‑sheet resilience and lower reliance on traditional reinsurance markets. However, industry executives caution that regulatory adjustments, data‑sharing frameworks and market infrastructure will likely take several years to materialise. The article underscores the gap between regulatory intent and practical implementation timelines.
F&G announced the sale of its Bermudian life reinsurance subsidiary, Ancient, to a former Blackstone executive. The terms and price of the transaction were not disclosed.
The Australian insurance group beat its natcat allowance for the third year running
It marks the reinsurer's second longevity reinsurance transaction in the Netherlands
Report models route-based accumulation across towns
Scottish Equity Partners is firm's first external investor
UK consolidator takes on Luxembourg-based closed life business
UK consolidator Chesnara announced it will acquire Scottish Widows Europe, a Luxembourg-based closed life business, expanding its presence in the European insurance market.