Incoming boss unveils more PRA strategy
The Prudential Regulation Authority (PRA) will focus on ensuring that insurers’ and banks’ business practices do not have a negative affect on society, according to incoming PRA chief executive Andrew Bailey.
Bailey added that the PRA would be more focused on big issues than the FSA, according to the Financial Times.
The PRA will regulate banks and insurers, and will launch in early 2013.
Bailey will explain more about how the PRA will run this week.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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