Solvency II Divergence Hub

This Hub brings together recent developments, insights and webinars from our Corporate Insurance lawyers to help you keep track of the proposed changes to Solvency UK and Solvency II as they progress through the respective legislative and regulatory processes.

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Mobilisation regime

Mobilisation regime [UK]

The UK government will legislate to enable the PRA to introduce a new mobilisation scheme for start-up insurers.  The scheme will include:

  • lower capital requirements;
  • lower expectations for key personnel and governance structures; and
  • exemptions from some reporting requirements.

For information on EU proposals to establish a framework for insurers with a low-risk profile see Topics – Proportionality [EU]

Key contacts

Tim Goggin

Partner

London

Kirsten Barber

Senior Knowledge Lawyer

London