The shape of the government’s package of reform to the UK version of Solvency II is becoming clearer, with the economic secretary to the Treasury MP John Glen describing key aspects of its proposals at a recent dinner of the Association of British Insurers (ABI).
Solvency II - the prudential framework that governs UK-regulated insurers - was originally an EU regime, but it was carried across into UK law broadly unchanged following the UK's exit from the EU....
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