Life assurance and PRA buffer: Difference between pages

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imported>Doug Williamson
(Create the page. Sources: linked page.)
 
imported>Doug Williamson
(Create the page. Sources: HSBC AR 2015; KPMG http://kpmg.co.uk/creategraphics/2015/01_2015/CRT033541/CRT033541_print.html)
 
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''Insurance''
''Capital adequacy - UK''.


Life assurance - also known as life insurance - is a type of insurance which most commonly pays out to dependants on the death of the insured person.
The PRA buffer is an amount of capital which UK-regulated banks are required to hold, determined following stress testing.
 
The amount is determined by the UK regulator, the Prudential Regulation Authority (PRA), following consultation with the regulated bank.
 
 
Any PRA buffer which the regulator may set is additional to Individual Capital Guidance (ICG).
 
 
The PRA buffer replaced the former 'capital planning buffer'.




== See also ==
== See also ==
* [[Insurance]]
* [[Buffer]]
* [[Capital adequacy]]
* [[Idiosyncratic stress]]
* [[Individual Capital Guidance]]
* [[Pillar 2]]
* [[Prudential Regulation Authority]]
* [[Reverse stress test]]
* [[Scenario analysis]]
* [[Shock]]
* [[Stress]]

Revision as of 15:01, 29 October 2016

Capital adequacy - UK.

The PRA buffer is an amount of capital which UK-regulated banks are required to hold, determined following stress testing.

The amount is determined by the UK regulator, the Prudential Regulation Authority (PRA), following consultation with the regulated bank.


Any PRA buffer which the regulator may set is additional to Individual Capital Guidance (ICG).


The PRA buffer replaced the former 'capital planning buffer'.


See also