abril 03, 2019

Prudential Regulation Authority publishes CP7/19 Solvency II: Equity release mortgages – Part 2


Prudential Regulation Authority publishes CP7/19

Solvency II: Equity release mortgages – Part 2

3 April 2019
In this consultation paper (CP), the Prudential Regulation Authority (PRA) proposes amendments to its expectations in respect of firms investing in equity release mortgage (ERM) portfolios, as set out in Chapter 3 of Supervisory Statement (SS) 3/17 ‘Solvency II: Matching adjustment – illiquid unrated assets and equity release mortgages’.

This CP is relevant to insurance and reinsurance companies holding ERMs.
View Consultation Paper