European Insurance: Solvency II (26 September 2016)

OAC Digest
EU / European Parliament / EIOPA, PRA / Bank of England, Solvency II

26 September 2016

Selected recent Solvency II news items: 

On 21 September, the PRA issued a new supervisory statement (Solvency II: Changes to internal models used by UK insurance firms - SS12/16) and a consultation (CP31/16) on updates to Supervisory Statement (SS) 25/15, "Solvency II: regulatory reporting, internal model outputs", and SS26/15, "Solvency II: ORSA and the ultimate time horizon".  These publications are primarily of interest to internal model firms.

Presentations at the Insurance and Reinsurance Stakeholder Group meeting held on 15 September included an item on the SCR Review - please see European Insurance: General (26 September 2016) for more information.

David Gray

For more information
David Gray
Consultant Actuary

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