The Rationale for the Prudential Regulation and Supervision of Insurers

The Rationale for the Prudential Regulation and Supervision of Insurers

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The Rationale for the Prudential Regulation and Supervision of Insurers

The financial crisis has necessitated a re-examination of the level, nature and distribution of risk across the financial system, including insurance companies. In April 2013, the Prudential Regulation Authority, as part of the Bank of England, became responsible for the prudential regulation and supervision of insurers.

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