Guidance

SS14/15 – With-profits

Chapter

Part VII transfers

Printed on: 06/11/2024

Rulebook at: 20/03/2015

12

Part VII transfers

12.1

Firms considering a transfer of with-profits insurance business should first discuss with the PRA the expected impact of the transfer on the financial position, structures, business models, and strategies of both the transferring and receiving firm, so that the PRA can take a view on the potential impact of the transaction and assess if, in the context of those firms, the transaction is consistent with the PRA’s objectives.

  • 20/03/2015