This supervisory statement is of interest to all UK Solvency II firms and to the Society of Lloyd’s. In particular, it is relevant to firms that are considering applying for, or that have been granted approval to use, either the transitional measure on the risk-free interest rate or the transitional measure on technical provisions.
Current version
Published on 15 November 2024. Effective from 31 December 2024.
- Following PS15/24 – Review of Solvency II: Restatement of assimilated law
Past versions
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Published on 28 February 2024. Effective from 31 December 2024 (superseded on 15 November 2024 by November 2024 version).
- following PS2/24 – Review of Solvency II: Adapting to the UK insurance market
Published on 25 November 2016. Effective from 25 November 2016.
- Following PS33/16 ‘Solvency II: consolidation of Directors’ letters’