Policies relating to Own Funds for Solvency 2 insurers.

UK legislation

UK technical standards

  • Procedures to be used for granting supervisory approval for the use of ancillary own-fund items - Commission Implementing Regulation (EU) 2015/499, as amended, including by the Technical Standards  (Solvency II Directive & Institutions for Occupational Retirement Provision Directive) (EU Exit) Instrument 2019, Annex E

Supervisory Statements

  • Subordinated guarantees and the quality of capital for insurers (SS8/14)
  • Solvency II: Own funds (SS2/15)
  • Solvency II: the quality of capital instruments (SS3/15)
  • Solvency II: approvals (SS15/15)
  • Solvency II: applying EIOPA Set 2, System of Governance and ORSA Guidelines (SS41/15)
  • Mutuality and with-profit funds: a way forward (SS1/14)
  • With-profits (SS14/15)

Other relevant material

Guidelines originally issued by European Supervisory Authorities should be read in conjunction with "Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU" (Statement of Policy)

This page was last updated 31 January 2023