Treasury Committee's Solvency II inquiry to focus on capital requirements for annuities
The Treasury Committee’s inquiry into Solvency II post-Brexit is likely to examine capital requirements for annuities and potential risks for reinsurers, according to Fitch Ratings.
The ratings agency has said that high capital charges have cut the returns annuities can offer, making them less attractive for customers, and have reduced choice as some insurers are retreating from
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