PRA finalises insurance own-funds permissions under Solvency UK
By IAN Editorial Desk
15 November 2024·Updated 26 September 2026·1 min read
Primary source: bankofengland.co.uk
The Prudential Regulation Authority published PS15/24 alongside a new Statement of Policy, SoP10/24, on the same day.
The Prudential Regulation Authority published PS15/24, Review of Solvency II: Restatement of assimilated law, on 15 November 2024.
Chapter 5 of the policy statement confirms the PRA's final policy on own funds, covering amendments to the Glossary and Own Funds Part of the PRA Rulebook, a new Statement of Policy on the PRA's approach to insurance own funds permissions, and…
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