Changes to Solvency II rules to free up 'meaningful amounts of capital', says Glen
The UK’s rewriting of Solvency II rules will result in the release of “meaningful amounts of capital for productive investment,” John Glen MP, the Economic Secretary to the Treasury, has said.
Addressing the annual dinner of the Association of British Insurers, Glen, pictured, outlined reforms to the regime, which is currently being reviewed by HM Treasury and the Prudential Regulation
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