HMT outlines changes to risk margin and matching adjustment
HM Treasury (HMT) published two draft statutory instruments (SIs) on 22 June 2023, for implementing changes to the UK’s prudential regime for insurers. The SIs outline changes to the risk margin, matching adjustment and fundamental spread calculations in line with the Review of Solvency II: Consultation – Response published in November 2022.
Download this At a glance to see our summary of HMT’s proposals, and what they mean for insurers.
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