This video features the opening keynote of the day at Artemis London 2025, a speech by Nylesh Shah of the Prudential Regulation Authority (PRA), from our fourth catastrophe bond and insurance-linked securities (ILS) conference in the City of London, UK, held on September 2nd 2025.
Over 220 attendees joined our Artemis London 2025 conference to hear insightful talks and benefit from valuable networking, with over 120 organisations represented across a mix of ILS industry participants, insurance and reinsurance specialists, institutional end-investors and those considering allocating to the asset class, entities looking for efficient risk transfer, and service providers to the sector.
We began the day with a keynote speech by Nylesh Shah, Head of Insurance Supervision, London Market, Prudential Regulation Authority (PRA) at the Bank of England.
Speaking on the topic of “A vision for the future of UK ILS”, Shah emphasised the role of the regulator in maintaining financial stability and fostering a competitive marketplace for ILS within the UK.
Recent reforms have streamlined requirements, simplified approval processes, and allow for faster contract renewals.
He explained that the PRA aims to balance innovation with credibility and will ultimately look to upgrade PCC rules to allow them to handle multiple contracts, which has been a key ask from the industry.
Shah also said that the PRA aims to be a nimble regulator supporting ILS market growth, with a focus on quick authorisations and engagement with participants, and he was the first to highlight the importance of transparency and communication.
He also noted that success will be measured by an increase in the number of ILS transactions and a stated desire to contribute to reducing under-insurance around the world.
Watch the full video (embedded below) to learn more about the Bank of England PRA’s vision for insurance-linked securities (ILS) in the United Kingdom.
Thank you again to everyone who attended Artemis London 2025, to our wonderful speakers and supportive sponsors.
Our ILS NYC 2026 conference will be held in New York on February 6th 2026.
Watch videos from our previous Artemis conferences.
For all enquiries regarding sponsorship opportunities for future Artemis events please contact [email protected].
Our Artemis London 2025 conference sponsors can be seen below, we thank them all for their valued support:
For any sponsorship enquiries for Artemis events please email us at [email protected].
View all of our Artemis Live video interviews and subscribe to our podcast.
All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.
Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.
