Bank of England: Solvency II - consolidation of Directors’ letters

25 November 2016

This PRA policy statement provides feedback on the responses, and final supervisory statements for Consultation Paper ‘Solvency II: consolidation of Directors’ letters’.

The supervisory statements in the appendices to this policy statement set out the PRA’s final expectations for the following areas under the Directive, based on material contained in Directors’ letters, Executive Director’s letters and feedback statements (‘Directors’ letters’) issued between 1 April 2013 and 16 February 2016:

 

Solvency II: transitional measures on risk-free interest rates and technical provisions - SS17/15 UPDATE

Solvency II: the treatment of pension scheme risk - SS5/15 UPDATE

Solvency II: reinsurance – counterparty credit risk – SS20/16

Solvency II: recognition of deferred tax – SS2/14 UPDATE

Solvency II: ORSA– SS19/16

Solvency II: longevity risk transfers – SS18/16

Solvency II: internal models – assessment, model change and the role of non-executive directors – SS17/16


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