Reporting

PRA Rules, Waivers and Modifications by consent

• Reporting Part (Chapter 1, Chapter 2, Chapter 2A, Chapter 3, Chapter 7, Chapter 9 and Chapter 10)
• Solvency Capital Requirement – General Provisions (Chapter 4)
• Group Supervision (Chapter 5, Chapter 16, Chapter 17 and Chapter 21)
• Minimum Capital Requirement (Chapter 4)
• Conditions Governing Business (Chapter 3)
• Insurance Special Purpose Vehicles (Chapter 5A)
• Permissions and Waivers (Chapter 4) 
• Third Country Branches (Chapter 9)
• Modification by consent of Solvency II Reporting 2.2(1) for third country insurance branches
• Modification by consent of Solvency II Reporting 2.2(1) for solo insurance firms

Supervisory Statements and Statements of Policy

General expectations on reporting:

• Solvency II: reporting and public disclosure options provided to supervisory authorities (SS40/15)
• PRA approach to interpreting reporting and disclosure requirements and regulatory transactions forms after EU withdrawal (SS2/19 Chapter 4)
• Solvency II: Matching adjustment (SS7/18, in particular paragraph 8.1A and Appendix 1)
• Solvency II regulatory reporting waivers (Statement of Policy)
• Overview of applicable Branch Guidelines

Capital assessment:

• Solvency II: Regulatory reporting internal model outputs (SS25/15)
• Solvency II: Internal model reporting codes and components (SS37/15)
• Solvency II: Monitoring model drift and standard formula SCR reporting for firms with an approved internal model (SS15/16)
• Solvency II: internal models – assessment, model change and the role of non-executive directors (SS17/16)

UK specific templates

• Solvency II: Data collection of market risk sensitivities (SS7/17)

Application of EIOPA Guidelines in relation to reporting

• Solvency II: applying EIOPA's Set 1 guidelines to PRA-authorised firms (SS22/15)
• Solvency II: applying EIOPA Set 2, System of Governance and ORSA Guidelines (SS41/15)

Own Risk and Solvency Assessment (ORSA)

• Solvency II: ORSA and ultimate time horizon – non-life firms (SS26/15)
• Solvency II: ORSA (SS19/16)

Expectations by entity types

• Solvency II: third-country insurance and pure reinsurance branches (SS44/15)
• Solvency II: Group supervision (SS9/15)
• Authorisation and supervision of insurance special purpose vehicles (SS8/17)
• International insurers: the Prudential Regulation Authority’s approach to branch authorisation and supervision (SS2/18)

Other relevant material

Guidelines and Q&As originally issued by European Supervisory Authorities should be read in conjunction with "Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU" (Statement of Policy)

EIOPA Guidelines

• Guidelines on the supervision of branches of third-country insurance undertakings (EIOPA-BoS-15/110)