PRA approves Solvency II models for 19 insurers

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The Prudential Regulation Authority (PRA) has published a list of the insurers for which it has approved the use of a full or partial internal model under the Solvency II Directive.

The regulator did not provide details as to which firm had full or partial approval.

The approvals are effective from 1 January 2016.

Any relevant insurer not listed will have to use the European Union's standardised model.

However the situation is further complicated by the fact that some insurers will have had

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