PRA frets about Solvency II internal model ‘drift’

Bank-style leverage ratio for insurers one option being discussed


UK insurance regulators seem to fear they are one crisis behind their banking counterparts.

In February, Andrew Bulley, head of life insurance at the Prudential Regulation Authority (PRA), compared parts of Solvency II to the Basel II rules for banks in a speech at the Investment and Life Assurance Association conference in London.

Over time, competitive pressure on insurers to free up capital could encourage a less conservative view of how much capital they need, he said. Insurance capital

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: