BoE presses ahead with contentious insurance reforms

Changes to matching adjustment juggle competing priorities from government, firms and regulator

Bank of England
Bank of England
Photo: Juno Snowdon Photography

The Bank of England is pressing ahead with reforms designed to hold insurers to a higher standard of risk management, despite “unease” from industry participants.

A consultation published today (September 28) by the BoE’s regulatory arm sets out changes to rules on the matching adjustment (MA), part of the Solvency II insurance regulations. The MA governs the amount of expected future returns that a firm can treat as capital.

The UK is reworking its insurance rulebook – dubbed “Solvency UK” –

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account