This report examines the key regulatory updates in November for life insurance companies in the United Kingdom and Europe. We note items published by the European Insurance and Occupational Pensions Authority (EIOPA), Financial Conduct Authority (FCA), and Prudential Regulation Authority (PRA).
Key developments include:
- EIOPA submits draft regulatory technical standards (RTS) on new macroprudential requirements following the Solvency II review.
- FCA executives deliver speeches on strengthening financial capacity, the role of the chief risk officer, rebalancing risk, and financial wellbeing.
- PRA and FCA publish "UK Berne Financial Services Agreement (BFSA) Guidelines".
- PRA publishes Discussion Paper (DP) 2/25, “Alternative Life Capital: Supporting innovation in the life insurance sector”.
- PRA publishes "Life Insurance Stress Test (LIST): 2025 Results".