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Draft interim solvency standard consultation

We released two documents relating to a review of the insurance solvency standards: a draft of an interim solvency standard and an explanatory note.

Consultation documents:

A draft of an Interim Solvency Standard intended to apply to almost all insurers from early 2022, for a period of approximately three years (PDF 1.9 MB)

An explanatory note to document the thinking behind the Standard and provide clarification to readers (PDF 1 MB)

Feedback is invited on the standard and can be provided:

  • Online, at a webinar to be held at 10am on Thursday 5 August. To express your interest in attending the webinar, subscribe to our mailing list. We will send an invite to our insurance mailing list closer to the date.
  • In writing, to [email protected] (early submissions relating to substantive issues are particularly welcome and will not preclude a more comprehensive later submission).

The consultation will run until 5pm on 1 October 2021.