Bank of England ignites the debate on UK-EU Solvency II equivalence

Published in: Risk, Capital, Reinsurance, Regulation, Associations, UK, Rest of Europe, Brexit

Companies: Bank of England, European Commission, Association of British Insurers, Aviva, Herbert Smith Freehills, Insurance Europe

The EU is in no rush to grant the UK reciprocal equivalence on Solvency II and has stirred anger by saying it wants to see how far the UK diverges before giving the green light. Paul Walsh assesses the state of play and whether there is any potential for a future agreement

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