This report reviews regulatory updates in May for life insurance companies. We include items published by the European Supervisor Authorities (ESAs), European Insurance and Occupational Pensions Authority (EIOPA), Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA), and Bank of England (BoE), with details for each agency, such as:
- PRA launches insurance stress test for 2022
- EIOPA publishes its risk dashboard for fourth quarter 2021 Solvency II data
- ESAs call for improvements in product descriptions for retail investors
- FCA speeds up removal of firms that do not use its regulatory permission
- BoE publishes results of the 2021 Climate Biennial Exploratory Scenario