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

11 January 2024: We published a letter from Charlotte Gerken and Shoib Khan on the PRA’s 2024 priorities for insurance supervision.

Solvency II news and publications

  • This report is a quarterly statistical release of aggregated data, produced using PRA regulatory data supplied by UK authorised insurance firms.

    The insurance aggregate data quarterly report and data file are scheduled to be updated on: 

    • 29 December 2023 (September 2023 data)
    • 29 March 2024 (December 2023 data)
    • 28 June 2024 (March 2024 data)
    • 30 September 2024 (June 2024 data)
    • 31 December 2024 (September 2024 data)
    • 31 March 2025 (December 2024 data)
    • 30 June 2025m (March 2025 data)
    • 30 September 2025 (June 2025 data)
    • 31 December 2025 (September 2025 data)
    • 31 March 2026 (December 2025 data)

    This report is an annual statistical release of aggregated data, produced using PRA regulatory data supplied by UK authorised insurance firms.

    The insurance aggregate data annual report and data file are scheduled to be updated on: 

    • 28 June 2024
    • 30 June 2025
This page was last updated 11 January 2024