Archive

UK's Solvency II leader quits government

Rishi Sunak meets UK annuity writers, promises speedy reform to Solvency II

Finance ministry acknowledges complexity of changes

Scepticism about the UK's Solvency II savings

The UK government is projecting a meaningful reduction in capital requirements from its prudential regulation reforms. But some question whether the redesign will make any difference, as Christopher Cundy reports

PIC's Giles Fairhead: traditional risks are colliding with global events

Paul Walsh sits down with PIC's CRO Giles Fairhead to reflect on today's heightened risk environment, the post-pandemic work culture and two crucial regulatory reforms for the UK's pension insurers

UK parliament warns regulatory inflexibility may hinder insurance sector

UK Solvency II reforms warmly welcomed by life insurers

The changes would include cuts to the risk margin for life insurers of 60-70%, while capital held by life insurers could be slashed by 15%. Paul Walsh and Cintia Cheong get the market's reaction

UK reveals Solvency II reforms will cut life insurer capital by 10-15%

Risk margin slashed by 60-70%, but partially offset by matching adjustment change

UK government refuses to intervene in LV demutualisation plans

"A matter for regulators and courts", says John Glen MP

A hot take on the UK's Solvency II call for evidence

Christopher Cundy analyses what the British government is considering changing about its implementation of Solvency II, and what the implications might be for insurers and other stakeholders

UK government sets up £10bn trade credit reinsurance scheme

To take part insurers must forgo profits and stop dividends