Bank of England to start insurance stress test in 2028

The Bank of England will start the next life insurance stress test in January 2028. Officials will consult firms through 2026 to finalize the scope and methods.

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The Prudential Regulation Authority (PRA) in the United Kingdom has announced that the next major stress test for the life insurance sector will be launched in January 2028. This regulatory exercise, conducted by the Bank of England's oversight arm, is a key tool for ensuring the financial stability of the insurance industry.

A pedestrian walks past the Bank of England headquarters in London during a rainy day following a recent interest rate decision on December 18, 2025. REUTERS/Toby Melville
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