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The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019 is up to date with all changes known to be in force on or before 19 October 2024. There are changes that may be brought into force at a future date.
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Whole provisions yet to be inserted into this Instrument (including any effects on those provisions):
PART 2 Power to make regulations in respect of the regulation of insurance and reinsurance firms
Matters in respect of which the Treasury may make regulations
1.(1) Specifying the information which is necessary for the supervision...
2.Specifying the deadlines for the submission of the information referred...
3.Laying down further specifications for the circumstances under which a...
4.Laying down further specifications for the methodologies for the calculation...
5.Specifying the elements of the system of governance and system...
6.Specifying the functions of risk management, compliance, internal audit and...
7.Specifying the information which must be disclosed and the deadlines...
9.Laying down the following— (a) actuarial and statistical methodologies to...
10.Specifying the treatment of participations, within the meaning of regulation...
11.Providing a list of own-fund items deemed to fulfil the...
12.Laying down the quantitative limits referred to in Article 98(1)...
13.Laying down the adjustments that should be made to reflect...
14.Setting out the methodology and the requirements for the calculation...
15.Providing for— (a) a standard formula, in order to calculate...
16.Providing for— (a) the methods and parameters to be used...
17.Setting out the adaptations to be made to the internal...
18.Setting out the manner in which a partial internal model...
19.To provide for the better assessment of the risk profile...
20.Specifying the calculation of the Minimum Capital Requirement .
21.Laying down the specifications for the circumstances under which a...
22.Supplementing the types of exceptional adverse situations and specifying the...
23.Specifying the criteria for assessing whether the solvency regime of...
24.Specifying the following criteria for supervisory approval of special purpose...
25.Specifying the criteria for assessing whether the solvency regime of...
26.Specifying— (a) the technical principles and methods set out in...
27.Providing a definition of a “significant risk concentration”.
28.Providing a definition of a “significant intra-group transaction”.
30.Further specifying the information which must be disclosed and the...
31.Specifying the criteria for assessing whether the prudential regime in...
Matters on which the PRA may make technical standards
2.The procedures for decisions to set, calculate and remove capital...
3.The procedures for assessing external credit assessments .
5.Specifying further the conditions for outsourcing, in particular to service...
6.Specifying further the elements of the own risk and solvency...
7.The procedures, formats and templates of the annual report of...
8.Establishing an exhaustive list of information to be included by...
9.(1) Specifying the adjustments of the following criteria for suitability...
10.Specifying— (a) to the extent that United Kingdom legislation or...
11.Specifying— (a) the methodologies to be used when calculating the...
12.The procedures for the approval of the application of a...
13.Specifying the criteria and procedures for granting supervisory approval for...
14.Specifying the methods to be used when approving the assessment...
15.Specifying quantitative limits and asset eligibility criteria where the risks...
16.The procedures for supervisory approval of undertaking-specific parameters .
17.The procedures for— (a) the approval of an internal model,...
18.Specifying the methodologies for the calculation of a proportionate additional...
19.Specifying the recovery plan and the finance scheme required where...
20.The procedures for granting supervisory approval to establish special purpose...
21.Specifying the identification of a significant risk concentration and the...
22.The forms and templates for reporting on significant risk concentrations...
23.Specifying the identification of a significant intra- group transaction for...
24.The procedures, forms and templates for the reporting on significant...
25.The procedures and templates for, and the means of, disclosure...
Provisions deemed to be PRA rules
1.The correlation coefficients for non-life underwriting risk contained in the...
2.The correlation coefficients for life underwriting risk contained in the...
3.The correlation coefficients for health underwriting risk contained in the...
4.The correlation coefficients for SLT health underwriting risk sub-module contained...
5.The correlation coefficients for market risk contained in the correlation...
6.Annex 2 - Segmentation Of Non-Life Insurance And Reinsurance Obligations...
7.Annex 3 - Factor For Geographical Diversification Of Premium And...
8.Annex 4 - Correlation Matrix For Non-Life Premium And Reserve...
13.Annex 9 - The Geographical Division Of Regions Set Out...
15.Annex 11 - Liability Risk Groups, Risk Factors And Correlation...
17.Annex 13 - List Of Regions For Which Natural Catastrophe...
18.Annex 14 - Segmentation Of NSLT Health Insurance And Reinsurance...
19.Annex 15 - Correlation Matrix For NSLT Health Premium And...
20.Annex 16 - Health Catastrophe Risk Sub-Module Of The Solvency...
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