LIST – Life Insurance Stress Test 2022
In January 2022, the PRA launched the second and final request for technical input for the Insurance Stress Test (IST 2022). The Life Insurance Stress Test (LIST 2022) is due to be launched in May of this year, with responses required to be submitted by September.
In our previous session for the March webinar, we provided an overview of the LIST 2022 exercise and shared the results of some high-level analysis we undertook to quantify the impacts for the four stages underpinning LIST 2022. In this session, we will provide further analysis of the results, including assessing property risk. We will additionally quantify the impact of certain management actions. We will provide key considerations for the report that firms are required to complete for this exercise, including risk appetite, management actions and key messages.