The Prudential Regulation Authority issued Policy Statement PS25/21 to simplify the insurance rules. The document outlines final changes to regulatory requirements for insurers, following a consultation period that closed in July 2025. These measures aim to reduce complexity and improve clarity within the insurance regulatory framework.
Consultation opens
14/05/2025
Consultation closed
02/07/2025
Policy Statement published
09/12/2025
09/12/2025