ABI reassures policyholders they will not be affected by SII
UK insurers are well-prepared for the implementation of Solvency II capital rules on 1 January 2016, according to the Association of British Insurers, which has assured policyholders they will not notice any changes under the new scheme.
Nineteen UK insurers have received approval from the Bank of England to use their own internal model to calculate their capital requirements, which is three times more than any other European Union
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