General Insurance Article - PRA publishes updates on Solvency II reporting


The PRA publishes CP10/18 and CP11/18

 Solvency II: Updates to internal model output reporting - CP10/18

 In this consultation paper (CP), the Prudential Regulation Authority (PRA) proposes updates to Supervisory Statement (SS) 25/15, ‘Solvency II: regulatory reporting, internal model outputs’, and SS26/15, ‘Solvency II: ORSA and the ultimate time horizon – non-life firms’.

 The CP is relevant to all UK Solvency II firms and the Society of Lloyd’s in respect of each of their syndicates and in respect of outputs of the Lloyd’s internal model.

 View Consultation Paper

 Solvency II: Changes to reporting format - CP11/18

 In this consultation paper (CP), the Prudential Regulation Authority (PRA) proposes changes to the file type and reporting format for a number of regular insurance reporting submissions in order to align with Solvency II Quantitative Reporting Templates and international data standards.

 The CP is relevant to all UK Solvency II firms, and the Society of Lloyd’s and its managing agents.

 View Consultation Paper 

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