reporting survey 2018
Welcome to our second annual review of Solvency II reporting by 100 of the largest non-life insurers in the UK and Ireland.
We have taken a close look at the SFCRs and QRTs and have summarised the key findings for you in our report.
Our review reveals that financial strength remains generally good across the industry, but that individually some firms have seen large shifts in their capital cover over the last year. Many firms now highlight cyber as a key risk, as well as uncertainty about the impact of Brexit. Although some firms have taken the opportunity to improve the quality of their SFCRs this time around, there’s still a way to go to ensure that they are useful documents, as well as being compliant with the requirements.
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