The PRA will be conducting an insurance stress test for the largest regulated life and general insurers from May 2022.
The PRA is now launching the second request for technical input, which includes updated scenarios together with the scenario calibration, specifications, and guidance; quantitative data templates; and a ‘Results and basis of preparation’ (RBP) report.
We are seeking feedback on any aspects of the stress test from firms and other industry participants by Thursday 17 March 2022. Please send any comments to IST.2022@bankofengland.co.uk. If you are a firm, please include your firm’s name and FRN in the subject of the email.
Letter