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UK Solvency II reforms – will they deliver what was promised? - Hymans Robertson
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Newsflash
UK Solvency II reforms – will they deliver what was promised?
29 Apr 2022
by
Nick Ford
Head of UK Insurance & Financial Services
HM Treasury and PRA both released papers on the upcoming Solvency II reforms on 28th April. Treasury has said that the reforms being consulted on could result in a release of as much as 10% to 15% of life insurers’ capital, and unlocks tens of billions of pounds for long-term productive investments. But is this really an unbridled good news story for the industry?
Our latest newsflash discusses the announcements and potential impacts for insurers.
Click to read our full newsflash
We continue to speak to a wide range of insurers across the UK and abroad about Solvency II developments and how this could impact their business. If you would like to discuss these points further, please get in touch or email one of the article authors.
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