
IFRS 17 embeds: Year two insights from UK Life Insurers
We are now in our second year of formal IFRS 17 reporting, allowing greater focus on performance and execution, while everyone continues to embed IFRS 17.
We are now in our second year of formal IFRS 17 reporting, allowing greater focus on performance and execution, while everyone continues to embed IFRS 17.
PwC's summary of the PRA’s business plan setting out its priorities for 2025-26.
The FCA has published its Annual Work Programme for 2025/26 outlining the key activities it will deliver over the coming year. The Programme aligns with its recently published five-year strategy, which seeks to deepen trust, rebalance risk, support growth and improve lives.
The UK Insurance Sentiment Index: Product & Price Edition delves into public sentiment towards General Insurance and Life & Pension insurance types.
The FCA has set out its five-year strategy for 2025-30, setting out a vision to deepen trust, rebalance risk, support growth and improve lives.
Investors back bold moves as businesses face pressure to reinvent, scale emerging technology, upskill their workforce and manage climate risk. Explore the findings of our UK Investor Survey.
The European Commission published the first set of ‘Omnibus’ proposals intended to simplify EU sustainability reporting rules, including the Corporate Sustainability Reporting Directive (CSRD), the EU Taxonomy Regulation, and the Corporate Sustainability Due Diligence Directive (CSDDD).
Our 2025 PwC Scale InsurTech Programme Cohort has launched and we are excited to be working with our 8 scale-ups, chosen from over 700+ companies, to help solve important problems for the Life and Retirement Insurance, and Wealth industries.
With the Government preparing to finalise its strategy for the financial services sector, we look at the key themes, risks and opportunities set to shape the policy and regulatory agenda for 2025.
The PRA issued a Dear CEO letter to life and general insurers setting out its supervisory priorities for 2025.
The FCA is consulting on proposed rule changes for the new Consumer Composite Investment (CCI) disclosure regime. Replacing the old PRIIPs and UCITS disclosure regimes, the CCI regime is planned to be simpler and less prescriptive. This allows for innovation from firms in presenting information, but also puts a greater burden of responsibility on firms to meet the information needs of consumers
The PRA issued its final policy (PS20/24, SS11/24) on solvent exit planning for insurers on 18 December 2024. Following responses to its consultation, the PRA made several changes and clarifications to its expectations. The most significant of these changes are the scope and the implementation date of the new requirements.
The PRA published a consultation paper (CP19/24) on 11 December 2024, proposing new liquidity reporting templates for large insurance firms, with an expected implementation date of 31 December 2025.
There are challenges in the speed at which good customer outcomes in bereavement claims can be achieved. In this article we explore the challenge and solutions enabling insurers to reclaim bereavement as a critical ‘moment of truth’ for the industry and their customers.
The FRC published on 11 November 2024 a consultation on proposed revisions to the UK Stewardship Code across four themes: purpose, principles, process and positioning. This follows interim measures published in July 2024.
Chancellor Rachel Reeves delivered her first Mansion House on 14 November 2024 setting out the Government’s vision for financial services, prioritising competitiveness and the role the sector can play in driving growth, innovation and the transition to net zero.
Partner, UK Insurance Leader and Global IFRS 17 Lead, PwC United Kingdom
Tel: +44 (0)7525 299694