This report examines the key regulatory updates in April 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 publishes technical specification for the calculation of criteria for small and non-complex undertakings and groups under Solvency II.
• The FCA head of consumer policy discusses year-2 Consumer Duty board reports.
• The PRA publishes Business Plan 2026/27.
• The PRA publishes a policy statement (PS12/26), Review of the Senior Managers and Certification Regime – Phase 1.
• The PRA publishes other items including Low Impact Amendments Consultation (LAIC01/26), a consultation paper on funded reinsurance (CP8/26), and a statement in relation to HM Treasury’s Risk Transformation Regulations consultation response.