Solvency II review should ‘hold the extra-hot sauce’: PRA’s Woods
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Solvency II review should ‘hold the extra-hot sauce’: PRA’s Woods

Laura Board
16 March 2021
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Brexit concept - UK and European flags waving in the wind | Circle Creative Studio/Getty Images/iStockphoto

Prudential Regulation Authority (PRA) CEO Sam Woods has sought to disabuse insurers of the notion that the UK’s Solvency II review will result in a significant lowering of capital requirements.

The UK life insurance market has since soon after the inception of the five-year-old risk management framework lobbied hard for change.

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Laura Board
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