For views on the draft Insurance (Non Long-Term Business Valuation and Solvency) Regulations 2020.
Respondents welcomed and indicated support for our proposals.
We finalised the Insurance (Non Long-Term Business Valuation and Solvency) Regulations 2020 ahead of the launch of the new capital and solvency regime in December 2020.
The consultation concerns the Authority’s proposals to update the capital framework for non-life insurers.
We wish to obtain views on the proposals.
Any comments on this consultation will be considered when issuing the final draft of the Regulations prior to implementation.
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