This document relates to the consultation on the Insurance (Long Term Business Valuation and Solvency) Regulations 2018 which took place between 12 December 2017 and 16 February 2018, and details the comments received and the Authority’s responses to those comments.
Consultation paper CP17-15/T12 sets out new valuation and solvency regulations for insurers authorised to carry on long-term insurance business. The Insurance (Long-Term Business Valuation and Solvency) Regulations 2018 will replace the Insurance (Valuation of Long Term Liabilities) Regulations 2007.
To obtain the views of insurers authorised to carry on long-term insurance business (as well as any other stakeholders) on the new valuation and solvency regulations.
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