PRA has published its supervisory H2 2015 stress scenario for firms to consider. Firms should use the scenario as a guide to calibrate their own scenarios for Pillar 2 capital planning stress tests. PRA hopes its guidance will help firms to engage senior management and better appreciate what PRA considers as appropriate severity against which to test. For insurers, the next stress test will take into account Solvency 2. (Source: PRA Publishes H2 2015 Stress Scenario)