Tiner defends insurance margin changes

The announcement had sparked a rally in equity prices and a tightening of credit spreads on life assurers’ securities.

“In my letter, I sought to make clear that, where the existing rules were requiring excess prudence, we would be prepared to relax those rules,” said Tiner, who is head of the FSA’s consumer, investment and insurance directorate. “However, insurance companies would need to demonstrate that in their particular case the existing rules were excessively prudent. They would do this by

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net 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