COVID-19: What have we learnt from SFCRs of UK life insurers

On 20 March 2020, the European Insurance and Occupational Pension Authority published its recommendations on the implications of COVID-19 for supervisory reporting and financial disclosure, and following this on 23 March, the Prudential Regulation Authority published its own recommendations. This article reviews the Solvency and Financial Condition Reports recently published by major life insurers in the United Kingdom to examine the disclosures made on the impact of COVID-19.