Authorities set out PRA approach

FSA chief executive Hector Sants

The Bank of England, Prudential Regulation Authority - Our approach to insurance supervision, available on the FSA's website, sets out the principles that will underpin the PRA's approach along with its scope, risk assessment framework and judgement-based system for supervision.

The authorities stated that the PRA will recognise that the risks posed by insurers are different from the other firms it will supervise which will lead to a distinct approach.

On current data, the PRA, along with being

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

If you already have an account, please sign in here.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: