Solvency II

Solvency II sets out regulatory requirements for insurance firms and groups, covering financial resources, governance and accountability, risk assessment and management, supervision, reporting and public disclosure.

Background

Solvency II came into force on 1 January 2016. You can see the full directive, and read more about Solvency II from the European Insurance and Occupational Pensions Authority.

Firms can apply for a Solvency II approval, a waiver or modification of rules, and find out about regulatory reporting under Solvency II.

Please see The National Archives for historic Solvency II information.

Latest Solvency II updates

4 May 2022: Today we launched the PRA ‘Insurance Stress Test 2022 (IST 2022)’, relevant to the largest life and general insurers, to provide information about the impact of a range of stress scenarios on their business.

28 April 2022: Coinciding with HM Treasury’s consultation on the Solvency II Review, we published the following:

Solvency II news and publications

This page was last updated 04 May 2022

Give your feedback

Was this page useful?
Yes
No
Add your details...