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PRA postpones dynamic general insurance stress test and revises stress testing schedule

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Published on: 18 December 2024
Published by LNB News

LNB News 18/12/2024

Document Information

Issue Date: 18 December 2024

Published Date: 18 December 2024

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Prudential Regulation Authority (PRA) has announced the postponement of the launch of the Dynamic General Insurance Stress Test (DyGIST) from the initial timeline to May 2026 intending to reduce the burden on general insurers in 2025 as they prepare to report on the new Solvency UK regulatory returns. It will also allow for more efficient use of PRA resources.

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Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

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