KPMG – Technical Practices Survey 2025
Summary
The main theme of the report is the analysis of key technical issues in the life insurance industry in the UK, as well as the presentation of methodologies and approaches adopted by various companies.
Key findings include strengthening interest rate stresses, stability of major market stresses such as equities, currency, and real estate, limited changes in credit risk calibrations, minimal changes in underwriting stresses, analysis of capital management and operational risk approaches, and a focus on thematic areas such as SCR Analysis of Change (AoC).
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