LNB News 18/12/2024
Document Information
Issue Date: 18 December 2024
Published Date: 18 December 2024
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
The Prudential Regulation Authority (PRA) has announced the postponement of the launch of the Dynamic General Insurance Stress Test (DyGIST) from the initial timeline to May 2026 intending to reduce the burden on general insurers in 2025 as they prepare to report on the new Solvency UK regulatory returns. It will also allow for more efficient use of PRA resources.
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