Solvency II consultation moots 30% risk margin reduction for general insurers

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The Treasury has launched a consultation on proposed changes to the UK’s Solvency II regime, which it says could “unlock tens of billions of pounds for long-term productive investments”.

The consultation, which runs until 21 July, is the latest stage in a review of the prudential regime that got underway in 2020 and that will see the UK diverge from the EU’s prudential rules, which

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