Abstract
An abstract is not available for this content. As you have access to this content, full HTML content is provided on this page. A PDF of this content is also available in through the ‘Save PDF’ action button.
Highlights
Dick Rae is going to give an overview from the Retrospective of Solvency II Working Party, and Andy Rogan is going to give a presentation on the Transitional Measures on Technical Provisions Working Party
I think that it is important to understand the role of the Treasury Select Committee
Perhaps the most surprising question was: Should the Prudential Regulation Authority (PRA) have an objective on competition and encouraging competition in the industry? I had to think on my feet about this and came to the conclusion that it should, the reason being that, I think, the PRA has sometimes lost sight of the importance of what it does for the general public
Summary
In the early days of Solvency II we have seen more nervousness about the insurance industry acting as capital provider in the long-term asset classes, at a time when the UK government is incentivising infrastructure assets. A key purpose of that report was to identify the toolkit that the supervisors would need to have in order to operate effectively in the sort of risk-based regulatory regime that was being envisaged for Solvency II.
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
