UK - Regulator approves all solvency internal models
Wednesday, 12 09 2015, Category: Insurance and Reinsurance, Country: United Kingdom
The Prudential Regulation Authority (PRA) has approved all UK solvency internal models.
The models will be used to calculate solvency capital requirements from 1 January, 2016.
Insurers which have received this approval include Markel, Amlin, Aspen UK, Pacific Life Re, RSA QBE Europe and the Society of Lloyd’s.
Source: Intelligent Insurer