Insurers will be tied to triple-A rated government debt
UK insurers have stepped up their campaign against Solvency II rules that they claim threaten their business, the FT reports.
Tim Breedon, chief executive of Legal & General, last week called the Solvency II rules in their current form a "betrayal of savers".
Regulatory staff, analysts and executives have also realised that the changes could cause big problems for governments and companies, the FT said.
The rules will make it expensive for insurers to invest in any debt that is not a triple-A rated government bond.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
