This report reviews regulatory updates in October for life insurance companies operating in the United Kingdom. We note items published by the Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA), and Bank of England (BoE).
Notable updates for life insurers from this month's report include:
- Results from the BoE and FCA 2026 survey on artificial intelligence in UK financial services
- The FCA shares lessons on assessing and monitoring fair value, along with priorities for firms adopting AI
- The PRA publishes on Part VIII transfers and a framework for automatically updating selected fixed monetary thresholds using growth in UK nominal GDP