The European Commission’s latest review on Solvency II reforms

The European Commission has launched its consultation on the long-awaited Level 2 Delegated Regulation for the Solvency II Review.

This marks a key milestone in the reform process, providing the detailed technical rules the insurance industry has been anticipating including Risk Margin reform to a new proportionality framework. The consultation is open until 5 September 2025.

Karl Murray, 4most’s Head of Insurance European Regulation comments:

• “While some in the industry may have expected only limited changes under the Solvency II Review after seeing the Level 1 Directive, the detail emerging in the Level 2 Delegated Regulation – and in ongoing EIOPA consultations on technical standards and guidance – makes it clear that insurers face a significant workload to ensure compliance with the new rules set to take effect from 30 January 2027, now only 18 months away.”

Get in touch

At 4most, we’re actively analysing the proposals to assess their implications and ensure our clients are fully prepared for the changes ahead. Send us a message if you want to learn more about how we can support your organisation navigate the evolving regulatory landscape – info@4-most.co.uk.