The Prudential Regulation Authority (“PRA”) has finalised its expectations for UK insurers, to prepare for and, if needed, be able to execute a solvent exit, which must be complied with by 30 June 2026.
In this publication we provide our thoughts on how to approach solvent exit planning in a way that not only promotes compliance but also maximises value to the business.
While exploring the core concepts of solvent exit planning, we have provided our insights for success from our experience supporting over 50 financial services firms with solvent exit (or ‘wind-down’) planning over the last few years.
So, what is solvent exit planning and how can insurers get the most out of it?