Updated: Solvency II has 'not been worth it', ex-PRA director admits
Solvency II has "not been worth it", the former insurance director at the Prudential Regulatory Authority has admitted.
Julian Adams, who was executive director of Insurance Supervision at the PRA until 2014, said Brexit afforded "policy freedom" to jettison legislation like Solvency II.
"So far the industry has
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