The PRA recently published a statement articulating the risks that it believes funded reinsurance may pose to the UK life insurance sector.
In this paper we cover Pacific Life Re’s perspectives on this statement and follow up materials, highlighting why we believe the PRA’s unbundling proposal is not appropriate and proposing alternative options to address the PRA’s concerns.
 
              
                        
        
        
        
    Vanessa Ho Von
Managing Director | Europe, Americas & Insurance Pricing