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Foreward (part) "This document sets out the PRA’s intended approach towards regulating insurers. A companion document covers deposit-takers and investment firms. Our approach will be anchored in the objectives that I expect Parliament to give us when the new legislation comes into effect. For insurers, the PRA will have two complementary objectives. It will promote their safety and soundness, as with all firms it supervises, thereby reducing the threat they can pose to the stability of the financial system and thus to the continuity of provision of critical financial services. And, specific to insurers, it will contribute to the securing of an appropriate degree of protection for those who are or may become policyholders."

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