Setting clear expectations
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<subfield code="a">On 5 November 2019, the Prudential Regulation Authority (PRA) sent out two letters one to chief executives of general insurance (GI) firms regulated by the PRA, the other to chief actuaries of GI firms regulated in the UK. These set out PRA priorities for the GI sector, share insights from reviews of firms' reserving during 2019, and provide general observations from supervision activity during the past year. What are the PRA key priorities, what can firms do to address the issues highlighted and what are the next steps?</subfield>
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