UK
Government publishes outcome of the consultation on the Solvency II Review
08 December 2022 | Written by 4most
< 1 minute read
EU Regulation
On 17th November 2022, the HM Treasury published the outcome of the Solvency II review consultation, setting out the final reforms package.
The changes include:
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a significant reduction in the risk margin
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maintaining the existing methodology of the fundamental spread
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increasing flexibility around eligibility of assets for the matching adjustment portfolio
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reducing reporting and administrative burden
Download and read our outline of the key features of the final reforms package and the implications for insurers below.
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