CP19-05/T04 – Insurance (Non Long Term Business Valuation and Solvency) Regulations 2020

Closed 13 Sep 2019

Opened 22 Jul 2019

Contact

Paul Ellison

(Senior Manager)

ICP Team

+44 1624 646000

paul.ellison@iomfsa.im

Feedback updated 9 Apr 2020

We asked

For views on the draft Insurance (Non Long-Term Business Valuation and Solvency) Regulations 2020.

You said

Respondents welcomed and indicated support for our proposals.

We did

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.

Results updated 9 Apr 2020

Files:

Overview

The consultation concerns  the Authority’s proposals to update the capital framework for non-life insurers.

Why your views matter

We wish to obtain views on the proposals.  

What happens next

Any comments on this consultation will be considered when issuing the final draft of the Regulations prior to implementation.

Areas

  • All Areas

Audiences

  • All residents

Interests

  • Legislation
  • Policies, strategies & plans
  • Finance
  • Business