ARTICLE
14 September 2014

PRA Issues Clarification On Implementation Of The Solvency II Directive

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On August 29, the UK PRA issued an update on the implementation of the Solvency II Directive, which is planned for January 1, 2016.
United Kingdom Insurance

On August 29, the UK PRA issued an update on the implementation of the Solvency II Directive (2009/138/EC), which is planned for January 1, 2016. The current PRA Update focuses on:

  • the relationship between the risk margin and the calibration of non-hedgeable risks; and
  • the assessment of the credit risk for matching adjustment portfolios. PRA Update.

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