Insurance (Long-Term Business Valuation and Solvency) Regulations 2018

Closed 16 Feb 2018

Opened 12 Dec 2017

Contact

Sian Eltman

(Actuary)

ICP Project, Insurance, Pensions and Fiduciaries Division

+44 1624 689379

sian.eltman@iomfsa.im

Results Updated 29 Jun 2018

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.

Files:

Overview

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. 

Why We Are Consulting

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. 

Areas

  • All Areas

Audiences

  • Self-employed
  • Business owner
  • Other non-resident - business interests

Interests

  • Finance
  • Business
  • Economy