IFoA SA2 Practice Questions - IFoA SA2 Life Insurance Specialist Advanced Exam

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Under the UK regulatory architecture, which body is responsible for the prudential supervision of insurers, including setting capital requirements such as the Solvency Capital Requirement?

The Prudential Regulation Authority (PRA) The Financial Conduct Authority (FCA) The Financial Reporting Council (FRC) The Pensions Regulator (TPR)

Correct Answer:

The Prudential Regulation Authority (PRA)

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