This report examines the key regulatory updates in October for life insurance companies in the United Kingdom and Europe. For October 2025, we note items published by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).

Key developments include:

• The Financial Conduct Authority (FCA) publishes the findings from its FCA and Practitioner Panel 2024/2025 Survey.
• The European Insurance and Occupational Pensions Authority (EIOPA) launches a new set of consultations related to the Solvency II Review.
• The Prudential Regulation Authority (PRA) publishes consultation LIAC02/25 – Low Impact Amendments Consultation October 2025.
• The PRA publishes policy statement (PS) 17/25 - Matching Adjustment Investment Accelerator.
• The FCA’s chair delivers a speech on why the UK is the smart bet for sustainable finance.
• The FCA publishes a statement in support of the government’s legislation to bring Environmental, Social and Governance (ESG) ratings providers into regulation.