PRA published supervisory disclosures in line with its obligations under Article 31(2) of the Solvency II Directive. The public disclosure is designed to foster a uniform level of transparency and accountability between supervisory authorities.
The material published will be of primary interest to PRA-authorized insurance companies. PRA will publish Templates A and B in the fourth quarter of 2018.The published disclosures include the following:
- Aggregate statistical data on key aspects of the application of the prudential framework
- A table covering the manner of exercise of the options provided for in the Solvency II Directive
- Links to the texts of insurance regulations applicable in the UK
- Links to the PRA supervisory approach
Keywords: Europe, UK, Insurance, Solvency II, Supervisory Disclosures, Supervisory Approach, Insurance Regulations, PRA
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