
Insurance Bulletin January 2025
Welcome to the January 2025 Insurance Bulletin.
Bulletin
31 January 2025
In our monthly Insurance Bulletin we set out key developments of interest to the insurance industry, including in relation to regulation and insurance case law.
Insurance regulation: 2024 in review and a flavour of 2025
In this article we set out an overview of some key regulatory developments in 2024, and a few notes on what is expected in 2025.
UK: operational resilience – FCA and PRA publish proposals for firms to report operational incidents and their material third party arrangements
The FCA and PRA have published parallel consultation papers outlining their latest proposals for firms' operational resilience.
Update on non-financial misconduct for the insurance industry
In October 2023, the FCA and PRA published a joint consultation  on Diversity and Inclusion in the Financial Sector, which ran until December 2023.
PRA’s Final Policy on Solvent Exit Planning for Insurers
On 18 December 2024, the Prudential Regulation Authority published PS20/24 and SS11/24, its policy statement and final policy on solvent exit …
The PRA’s insurance sector supervision priorities for 2025
The PRA has outlined its supervision priorities for 2025 in respect of the insurance sector, and in this article we summarise what they are.
Final call: proposed changes to the UK’s Insurance Special Purpose Vehicles regime
The UK's Prudential Regulation Authority is consulting on proposed changes to the UK Insurance Special Purpose Vehicles regulatory …