This report examines the key regulatory updates in March for life insurance companies in the United Kingdom and Europe. We note items published by the European Insurance and Occupational Pensions Authority (EIOPA), Financial Conduct Authority (FCA), and the Prudential Regulation Authority (PRA).

Key developments include:

• EIOPA proposes amendments aimed at easing insurers’ supervisory reporting and disclosure requirements.
• The FCA and Financial Ombudsman Service publish Consultation Paper CP26/9, seeking views on proposals to modernise the redress framework.
• FCA publishes Consultation Paper CP26/10 on simplifying the pensions and investment advice rules.
• FCA chief executive gives a speech on how technology could increase pension engagement, streamline transfers, and enhance access to advice.
• PRA publishes Policy Statement PS7/26 on operational resilience, focusing on incident and third-party reporting.
• PRA publishes Supervisory Statement SS1/26 on operational resilience, concentrating on incident reporting.