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Resilience tops the ‘must-have’ list for insurers

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The complex economic environment has made financial and operational resilience the top priority for the UK’s insurance regulator. Here are regulators’ top six priorities for this year and the obligations for insurers.

UK insurance companies are being warned to make sure they’re resilient enough to weather the effects of the Covid-19 pandemic and rising inflation.

In a letter to CEOs, the Prudential Regulation Authority (PRA) says that risk and resilience are its top two priorities for 2022 – and it expects

The letter,