Price:
- Members: £49.00 + VAT
- Associate Members: £49.00 + VAT
- MGA Associate Members: £49.00 + VAT
- Long-Term Savings Members: £49.00 + VAT
- Partners: £49.00 + VAT
- Non-Members: £129.00 + VAT
Can we find the prudential regulatory balance for a sustainable future?
When:
Where: Webinar - Link will be shared with registered delegates
Registration: 08:25.
Event registration closed
This event will be delivered as a live webinar. Bookings close at 17:00 on 2nd November 2022.
It has been almost two years since the launch of the Solvency II review (October 2020). It is clear from both HM Treasury consultation and PRA discussion paper that a lot more needs to be done to agree and implement meaningful reform to the UK's version of Solvency II. HM Treasury is expected to publish its response in the coming weeks. Only meaningful reform can unlock our industry’s capacity to support the Government’s green and levelling up agendas, both of which require immediate action.
As the Solvency II reform debate continues apace and the Bank of England's Climate and Capital conference takes place, we remain mindful of other related but distinct areas of importance to our Industry including climate change and assessing the financial resilience of the insurance sector. These are high priority areas for the PRA as the Regulator focusses in the coming months on the role of capital requirements in managing climate-related financial risks and the Insurance Stress Test 2022 which, along 
with HM Treasury’s recovery and resolution proposals, will assess the sector’s financial resilience. We will focus on these and other key topics at our September 2022 Prudential Regulation event, which will offer attendees a chance to hear from experts as they reflect on these issues and more and discuss what the future holds for the UK’s Prudential Regulatory framework in the coming years.
Confirmed keynote speakers:
Charlotte Gerken, Executive Director, Bank of EnglandConfirmed speakers:
- Ben Carr Analytics and Capital Modelling Director, Aviva
- Mary Frances Monroe Director for Insurance, IIF
- Hugh Francis Director of External Reporting Developments, Aviva
- Roger Jackson Partner, Insurance ESG Lead, KPMG
- Dr. Alan Sheppard Senior Advisor, Policy, Insurance ED Office, PRA
- Angus Scorgie, Head of Prudential Regulation & Intl. Insurance Europe
- Andrew Stoker Chief Financial Officer, Rothesay
- Charlotte Clark CBE Director of Regulation, ABI
- Hannah Gurga Director General, ABI
- David Otudeko Assistant Director, Head of Prudential Regulation, ABI
Why attend?
- Gain insight and perspective from industry experts, regulators and policymakers on the future of the UK prudential regulatory regime for insurers.
- Understand what opportunities and challenges may result as we move into the final stages of the Solvency II reform, the Future Regulatory Framework Review, the Insurance Stress Test and we quickly move towards the debate about adjusting the framework to take account of climate-related financial risks.
- Assess your firm’s own preparedness for what may arise at a crucial inflection point for the UK insurance sector.
- Gain 2.5 hours’ worth of CPD by attending this CII accredited event
What will delegates learn?
By the end of this event delegates will be able to...
- Understand the direction of travel for the UK insurance industry as a result of the developments on the Solvency II reform and the Future Regulatory Framework Review.
- Gain insights on key debates including on adjusting the framework to take account of climate-related financial risks, the Insurance Stress Test and a recovery and resolution regime for the insurance industry in the UK.
- Discuss the regulatory changes needed to achieve HM Treasury’s objective of supporting insurance firms in providing long-term capital to underpin growth.
- Explore how evolving risks such as climate change will be managed and modelled under the new regime.
Event registration closed