UK to reform ISPVs regime and cat bond application process
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UK to reform ISPVs regime and cat bond application process

The cat bond application process will be streamlined to 10 working days.

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The UK’s Prudential Regulation Authority (PRA) will consult in the coming months on a package of reforms to the UK’s insurance special-purpose vehicle (ISPV) regime, and later this year on an accelerated pathway for cat bond applications, Shoib Khan,...

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