The Prudential Regulation Authority has published Policy Statement 1/18 Strengthening Individual Accountability in Insurance - Optimisations to the SIMR: see here (pdf). The statements confirms various changes being made to the PRA Rulebook in respect of insurers, including requiring the separation of the chief executive and chairman roles at large insurance firms and, for solvency II firms and large non-directive insurers, to put in place a policy promoting diversity on the governing body.
UK: PRA policy statement - insurers - board diversity and separation of the CEO and chair roles
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February 08, 2018
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Reviewed by Unknown
on
February 08, 2018
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