The House of Commons Treasury Committee ("TC") is looking at the case for changing, or even replacing, Solvency II in a post-Brexit world.  Its inquiry provides firms and industry bodies with perhaps their best opportunity to influence the future content of UK insurance regulation. The possible endorsement by the TC of views expressed by industry is likely to be particularly persuasive in future deliberations by the PRA.

This "at a glance" guide looks at demands for reform put by industry to the TC and at the PRA’s response to some of the questions being asked of it.

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Sarah Irons

Knowledge Counsel, London and Latin America Group