This report reviews regulatory updates in April for life insurance companies in Europe. We note items published by the Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA), European Insurance and Occupational Pensions Authority (EIOPA), and the European Supervisory Authorities (ESAs).

Highlights include:

• EIOPA launches a series of consultations on the review of Solvency II
• The PRA publishes consultation paper (CP) 7/25, ‘Matching adjustment investment accelerator’
• The FCA provides support for innovative products and new firms
• The PRA publishes Business Plan 2025/26
• The ESAs publish Joint Annual Report for 2024
• The FCA’s chief data information and intelligence officer delivers speech on AI for growth
• The FCA seeks views on its life AI testing services
• The PRA publishes CP 10/25, ‘Enhancing banks’ and insurers’ approaches to managing climate-related risks'