PRA launches biennial insurance stress test

PRA has launched its biennial stress test for life and general insurers.  It has sent the test to the largest firms and has asked for submissions by 28 September, and is hosting a seminar on 11 May with a Q&A process to follow, with industry round tables in July.

PRA notes that firms who do not have to participate might find the materials useful for their own internal exercises.

Emma Radmore