For views on the proposed amendments to the Insurance (Long-Term Business Valuation and Solvency) Regulations 2018.
Respondents found our proposed approach acceptable.
We finalised the Insurance (Long-Term Business Valuation and Solvency) Regulations 2021 for implementation around 31 December 2021.
The consultation is to obtain views in relation to proposed amendments to the Insurance (Long-Term Business Valuation and Solvency) Regulations 2021. The amendments update the Insurance (Long-Term Business Valuation and Solvency) Regulations 2018 in light of the UK’s withdrawal from the EU and the anticipated launch of the Insurance (Non Long-Term Business Valuation and Solvency) Regulations 2021 in June 2021.
We are consulting to obtain stakeholders’ views on the Authority’s proposals
Now the consultation period has closed, the Authority will review the responses received and publish a Consultation Response document.
Subject to the responses, the Authority will proceed to make the Insurance (Long-Term Business Valuation and Solvency) Regulations 2021 for implementation on 30 June 2021.
Share
Share on Twitter Share on Facebook