Participation key to UK Insurance Market gaining from Solvency II

Yesterday, CEIOPS launched QIS 4, the fourth in a series of detailed technical studies investigating the structure and calibration of the Solvency Capital Requirement calculations under Solvency II regulations. In previous studies, participation by UK insurers has been lower than hoped, with many insurers believing that the effort required was too high.

Commenting on the latest consultation phase, Rick Lester, insurance partner at Deloitte said: “QIS 4 provides probably a last chance for tho