Sector Regulation Sector Regulation

UK insurers' capital models should be scrutinized by regulators, BOE official says

By Fiona Maxwell
  • 03 Dec 2020 07:09
  • 24 Feb 2021 04:58

UK insurers’ approach to calculating prudential requirements should see regulators being “alert” to the risk that the institutions end up holding less capital, a senior Bank of England official said today.

Charlotte Gerken, an executive director for insurance at the BOE, warned in a speech today that regulators “have to be

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