PRA fights back with Solvency II defence

Published in: Regulation, Solvency II, UK, Rest of Europe, Brexit

Companies: Prudential Regulation Authority, PRA, Aviva, L&G, Legal & General, Association of British Insurers, ABI, Prudential, Eiopa

Aviva and L&G chief executives have exaggerated the problems with Solvency II, according to PRA chief Sam Woods. Given more freedom outside the EU, the UK regulator is unlikely to make sweeping changes. Callum Tanner reports

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