Tag: solvency

South Korea Adjusts Discount Rate Rules to Ease Non-Life Insurer Solvency Challenges

South Korea's Financial Supervisory Service has eased discount rate regulations to reduce solvency pressures on non-life insurers amid declining interest rates and IFRS 17 accounting challenges.

PRA Strengthens Oversight of UK Bulk Annuity Market Amid Growth and Innovation

The UK Prudential Regulation Authority enhances regulatory oversight of the expanding bulk annuity market, emphasizing insurer resilience, funded reinsurance risk, solvency-triggered termination rights, and new investment accelerators to balance policyholder protection with market growth.

2025 Life Insurance Stress Test Shows Strong Solvency Amid Market Shocks

The 2025 Life Insurance Stress Test reveals strong solvency levels among UK life insurers under severe market shocks, highlighting resilience and key regulatory focal points for future oversight.

California Orders Closure of Meritage Health Plan Over Solvency Issues

California regulators mandate closure of Meritage Health Plan due to solvency failures, prompting reassignment of 11,000 Medicare Advantage members by Oct. 31, 2025. Insurers must ensure continuity of care amid contract terminations.