REGULATION · UK
Bank of England extends Solvency II regulatory reporting waivers
PRA/BoE extended temporary relief on Solvency II reporting for insurers, allowing continued use of simplified methodologies. Part of ongoing regulatory flexibility post-pandemic.
WHY IT MATTERS
Insurers get more time to embed AI into Solvency II model governance and actuarial workflows. Expect push for permanent AI-friendly regulatory frameworks.
Source: Bank of England · 2026-05-22