PRA urges ILS market to test reformed UK regime
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PRA urges ILS market to test reformed UK regime

PRA prudential reg.jpg

The UK Prudential Regulation Authority (PRA) is now communicating decisions on standard ILS applications in fewer than four weeks, according to its head of division for London markets Andrew Dyer, in one of several measures to bolster the UK’s ILS market.

Speaking at Trading Risk’s London ILS 2023 conference this morning, Dyer set out how the regulator is executing on commitments the PRA made at last year’s ILS London event to help the UK ILS market grow faster and attract...

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