PRA chief sets out future vision

Julian Adams

In a speech entitled, Is the insurance industry safe in the PRA's hands?, he told an audience at Lloyd's that he hoped updates from the Bank of England and the FSA throughout the year had addressed concerns that a subsidiary of the Bank "might somehow fail to appreciate that insurance companies and banks are different."

He continued: "And indeed in many respects general insurance and life insurance are as fundamentally different from each other as both are from banks. These differences need to

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.

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: