UK authorities are preparing to impose stricter rules on funded reinsurance transactions, a structure widely used by life insurers to transfer liabilities to counterparties often backed by private equity, according to a report by Bloomberg.
The Bank of England is expected to move to strengthen its regulatory approach to these arrangements, amid growing concern about the increasing interconnectedness between insurers and private markets. Oversight will be led by the Prudential Regulation Authorit...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.
Alternative Investment News