British Insurers Pass Stress Test, Secure Retirement Incomes
Update: 2025-11-24
Description
Britains largest life insurers, including Aviva and Legal and General, passed a stress test by the Bank of England, showing resilience against financial shocks. Despite a hypothetical scenario wiping out nearly nine billion pounds of their capital, they still held one hundred and fifty-four percent of the regulated capital required. This positive outcome comes amid concerns about vulnerabilities in the financial markets, particularly the shadow banking industry. American private equity firms have been trying to acquire British life insurers, with Athora and Brookfield announcing takeovers of PIC and Just Retirement, respectively. All firms continue to meet regulatory capital requirements, highlighting the sectors strong position and capacity to absorb significant shocks.
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