UK Solvency II Reform - Implications for M&A

Latham & Watkins LLP

The post-Brexit Solvency II reform aims for a more competitive and dynamic insurance sector in the UK.

The UK government’s proposals to adapt the Solvency II regime more appropriately to the national insurance market have been in development for some time. The Prudential Regulation Authority’s (PRA) recent consultation paper (“CP 12/23 – Review of Solvency II: Adapting to the UK insurance market”) delivers proposals that will play a significant role in the overall reform. Whilst the PRA’s proposals cover a number of technical areas aimed at reducing the overall cost and complexity for insurers, a number of proposals touch on aspects which are expected to have a positive practical effect in the context of UK insurance M&A. This Client Alert sets out the features of PRA’s proposals which would be relevant in an acquisition context.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Latham & Watkins LLP | Attorney Advertising

Written by:

Latham & Watkins LLP

Latham & Watkins LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide