Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

UK proposes reducing EU capital rules burden for insurers

Reprints

U.K.'s financial regulator the Prudential Regulation Authority has proposed easing the burden of European Union Solvency II capital rules for insurers, Reuters reported. "The PRA believes that these proposals would, in particular, reduce the reporting burden for smaller insurers," the regulator said. U.K. lawmakers have called upon the regulator to ease the "risk margin", an add-on capital requirement to cover what a third party would need to safeguard policies if an insurer goes bust.

Read more.