This page contains a list of cross cutting-policies applying to all insurance firms

PRA Rules

Rulebook Parts below appear in the Solvency II and non-Solvency II firms sectors of the PRA rulebook. To avoid duplication, links are provided to the Solvency II firms sector of the rulebook.


UK legislation

  • Threshold Conditions – as defined in s55B and Schedule 6 of the Financial Services and Markets Act 2000

Supervisory Statements and Statements of Policy

  • Outsourcing and third party risk management (SS2/21)
  • PRA approach to interpreting reporting and disclosure requirements and regulatory transactions forms (SS2/19)
  • Corporate governance: Board responsibilities (SS5/16)
  • Strengthening individual accountability in insurance (SS35/15)
  • Whistleblowing in deposit-takers, PRA-designated investment firms and insurers (SS39/15)
  • Liquidity risk management for insurers (SS5/19)
  • The Prudential Regulation Authority's (PRA's) approach to schemes of arrangement proposed by PRA-authorised insurers under Part 26 of the Companies Act 2006 (SS3/14)
  • Fees: PRA approach and applications (SS3/16)
  • Reports by skilled persons (SS7/14)
  • Insurance - general application (SS1/15)
  • Aggregation of holdings for the purpose of prudential assessment of controllers (SS33/15)
  • The PRA's approach to insurance business transfers (Statement of Policy)
  • The Bank's approach to enforcement: statements of policy and procedure (Statement of Policy)
  • The use of PRA powers to address serious failings in the culture of firms (Statement of Policy)
  • The financial stability information power (Statement of Policy)

Post EU withdrawal

  • Non-binding PRA materials: The PRA’s approach after the UK’s withdrawal from the EU (SS1/19)
  • Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU (Statement of Policy)

For Solvency II firms

  • General Provisions - Commission Delegated Regulation (EU) 2015/35 (Title I, Chapter I
This page was last updated 30 January 2024