UK Solvency II reform: Another milestone reached

Another milestone on the road to reform of the UK’s version of the Solvency II framework has been reached with the government finalising two sets of regulations needed for it to make good on its plans. The first of these takes effect soon – by the end of this year – and is expected to result in a significant release of capital by Solvency II insurers via reform of the risk margin. The second, which concerns the matching adjustment, will come into force halfway through next year. 

Read more in our client alert.