In September 2026, Reuters reported that UK insurers had asked the Bank of England’s Prudential Regulation Authority (PRA) to reconsider the design of its first Dynamic General Insurance Stress Test, or DyGIST, following the live exercise conducted in May 2026. The debate matters beyond the UK market because DyGIST represents a different view of stress testing: one that examines how an organisation responds while a crisis is unfolding, rather

The Prudential Regulation Authority stated on 29 April 2026 that protected cell company captives would not be included in the initial launch of the UK’s new captive regime, then expected in summer 2027. Legislative changes needed for PCCs to operate as insurers would not be ready in time for the planned consultation or launch. The PRA intended to consult on incorporating PCCs once legislation was in place. It describes