We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

UK Prepares To Write Solvency II Into Domestic Law

Law360, London (October 10, 2018, 11:39 AM BST) -- The U.K. Treasury has unveiled draft regulations to preserve the Europe Union’s Solvency II capital regime for insurers after Brexit, quashing industry hopes that Britain will quickly soften the rulebook’s toughest demands.

The exchequer said late on Tuesday that the key demands under Solvency II, in force since January 2016, will not change after Britain leaves the European Union on March 29, 2019. The news comes despite calls for rollbacks by Britain’s life insurers, who want their hefty capital buffers against longer term business such as annuities swiftly reduced.

Solvency II forces insurers to shore up capital reserves to shield them...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS