In looser insurance rules, British politicians spy a Brexit dividend
If they expect a torrent of investment, they may be disappointed
Insurance regulation makes few hearts race. So it is odd that this summer Liz Truss, the front-runner in the Conservatives’ leadership contest, should have peppered her hustings speeches to party members with mentions of Solvency II, a set of prudential European rules for insurers. But for Ms Truss’s audience, Solvency II has a couple of features that may quicken the pulse. It was designed by the eu, so it is ripe to be ripped away. And would-be reformers say it could be refashioned to free up tens of billions of pounds for investment in Britain’s economy.
This article appeared in the Britain section of the print edition under the headline “A question of solvency”
Britain August 27th 2022
- Who should pay for the BBC?
- Britain’s government wants to reform power markets
- Reducing the power of the Treasury is a good idea
- In looser insurance rules, British politicians spy a Brexit dividend
- A few bird species are faring amazingly well in Britain
- British parents need more help than ever to afford school uniforms
- Boris Johnson is likely to create many new peers
From the August 27th 2022 edition
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