PRA to review Solvency II reporting requirements

Sam Woods PRA

In a letter published by the Treasury Select Committee, PRA CEO Sam Woods, pictured, confirmed a review of the implementation of Solvency II reporting requirements. He also addressed areas of concern raised to the committee by the Association of British Insurers. "I plan to conduct a review of our implementation of Solvency II reporting requirements, with a view to identifying ways in which we might reduce insurers' reporting burdens while fully meeting our statutory objectives, inc