Insight
London Market Monitor – 31 May 2022
Our May review of the markets and Solvency II discount rates.
The Prudential Authority (PA) published in July the draft Prudential Standard on public disclosures for insurers (PDI) and related guidance notice (GN) for public comment. This briefing note provides a brief background to the PDI and our initial thoughts on the latest draft, including the following:
- Consideration of Solvency II developments
- Balancing different stakeholder needs
- Audit and review requirements not clear
- Further considerations on availability and format
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