Bank of England May Tighten Up Life Insurers’ Use of Offshore Reinsurance January 12, 2024 The Bank of England may tighten supervision of life insurers’ use of the “funded reinsurance” market, typically alternative asset managers...
US Climate Report Shows Rising Temps, Greenhouse Gas Emissions Headed Down November 17, 2023 By Don Jergler A new national climate report that shows temperatures rapidly rising, but it also has some good news for the U.S....
Bank of England to Deepen System-Wide Stress Test for Banks, Insurers November 13, 2023 By Huw Jones The Bank of England said on Friday it would start the second leg to its first system-wide stress test of...
Rapid Shocks in Store for Insurers in New Bank of England Stress Tests October 3, 2023 By Huw Jones The Bank of England said on Tuesday it will check the health of general insurers in 2025 with a “stress...
Bank of England Sets Out Reform of Insurance Capital Rules to Boost Investment September 28, 2023 By Huw Jones Britain set out plans on Thursday to ease key banking and insurance rules in the latest attempt to boost its...
Britain Proposes Diversity and Misconduct Rules for Financial Services Firms September 25, 2023 By Huw Jones Britain’s financial regulators proposed guidance on Monday for financial firms to tackle sexual harassment and bullying, along with new requirements...
Britain Must Not Damage Financial Services Sector Resilience: BoE’s Woods September 19, 2023 By Huw Jones Easing rules to boost the post-Brexit global competitiveness of Britain’s financial sector can only be done while maintaining a resilient...
Bank of England Tells UK to Hold Insurers to Account on Infrastructure Spending September 14, 2023 By Huw Jones The government should check that insurers are spending up to 100 billion pounds ($125 billion) on Britain’s economy after their...
UK Regulators Urged to Help Keep London Competitive, Using New Post-Brexit Remit June 30, 2023 By Huw Jones Britain’s regulators must push ahead with applying their new post-Brexit remit to help keep the country’s financial sector globally competitive,...
Bank of England Launches First Sector-Wide Liquidity ‘Stress Test’ June 20, 2023 By Huw Jones The Bank of England has launched its first system-wide liquidity ‘stress test’ to establish how big banks, insurers, clearing houses...