PRA says UK insurers in good health, but better own funds analysis needed

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PRA says UK insurers in good health, but better own funds analysis needed

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File photo dated 11/08/14 of the Bank of England in London, as it admits to warning UK courts of a deluge of insurer applications ahead of Brexit, having kept it private amid fears over how policyholders might react. | Yui Mok/PA Wire/PA Images

In feedback to UK insurers after a stress test this week, the Prudential Regulation Authority (PRA) was mostly positive about the sector but suggested they could improve their analysis of basic own funds under Solvency II.

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