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.

Latest Solvency II updates

15 January 2020: The Bank of England and Prudential Regulation Authority (PRA) are preparing to publish regular, aggregated data relating to the UK Insurance market on a quarterly basis. We published a ‘call for feedback’ to inform potential users of such data and the proposed content and presentation, and to invite comment and feedback that may help shape the publication. 

9 January 2020: We published Policy Statement 1/20 ‘Solvency II: Longevity risk transfers - simplification of pre-notification expectations’, including an update to Supervisory Statement 18/16 ‘Solvency II: longevity risk transfers’.

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.

Solvency II news and publications

This page was last updated 15 January 2020
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