UK insurers face continued market pressures as PRA outlines 2026 priorities
In its 2026 regulatory priorities, the Prudential Regulation Authority (PRA) noted that UK insurers face an uncertain environment with heightened geopolitical tensions and heightened sovereign debt pressures, stressing the need to assess the impact on business models and ensure robust risk management, governance and controls, including for downside scenarios. The PRA’s 2026 priorities outline specific…