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  1. Home Page
  2. Legal Instruments
  3. Technical Provisions

Legal Instruments

Legal instruments shows a list of legal instruments that have been made by the PRA and published. They can be found on this page, or via the Bank of England’s Publications page.
  • Technical Provisions

Legal Instruments that change this Part Technical Provisions

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5 results

5 results

  • Published: 15/11/2024

PRA2024/13 - PRA Rulebook: Solvency II Instrument 2024

Effective: 31/12/2024

  • Application and Definitions
  • Calculation of the Risk Margin
  • Reference Undertaking
  • Segmentation
  • Volatility Adjustment

Policy Statement

  • PS15/24 - Review of Solvency II: Restatement of assimilated law
  • Published: 06/06/2024

PRA2024/4 - PRA Rulebook: Solvency II Firms: Matching Adjustment Instrument 2024

Effective: 30/06/2024

  • Application and Definitions
  • Calculation of the Matching Adjustment [Deleted]
  • Matching Adjustment to the Relevant Risk Free Interest Rate Term Structure [Deleted]
  • Volatility Adjustment

Policy Statement

  • PS10/24 - Review of Solvency II: Reform of the Matching Adjustment
  • Published: 28/12/2020

PRA2020/29 - PRA Rulebook: (EU Exit) Instrument 2020

Effective: 31/12/2020

  • Application and Definitions
  • Best Estimate
  • Calculation of Technical Provisions
  • Calculation of the Matching Adjustment
  • Community Co-Insurance Operations
  • Data Quality and Application of Approximations
  • Recoverables from Reinsurance Contracts and ISPVs
  • Risk Margin
  • Volatility Adjustment

Policy Statement

  • PS30/20 - The Bank of England’s amendments under the European Union (Withdrawal) Act 2018: Changes before the end of the transition period
  • Published: 20/11/2015

PRA2015/86 - PRA Rulebook: Glossary and Insurance Consequentials Instrument 2015

Effective: 01/01/2016

  • Matching Adjustment to the Relevant Risk Free Interest Rate Term Structure

Policy Statement

  • PS26/15 - "The prudential regime, and implementation of the Senior Insurance Managers Regime, for non-Solvency II firms"
  • Published: 20/03/2015

PRA2015/11 - PRA Rulebook: Solvency II Firms: Technical Provisions Instrument 2015

Effective: 01/01/2016

  • Application and Definitions
  • Appropriateness of the Level of Technical Provisions
  • Best Estimate
  • Calculation of Technical Provisions
  • Calculation of the Matching Adjustment
  • Community Co-Insurance Operations
  • Comparison Against Experience
  • Data Quality and Application of Approximations
  • Lloyd’s
  • Matching Adjustment to the Relevant Risk Free Interest Rate Term Structure
  • Other Elements to Be Taken Into Account
  • Recoverables from Reinsurance Contracts and ISPVs
  • Risk Free Interest Rate Term Structure
  • Risk Margin
  • Segmentation
  • Volatility Adjustment

Policy Statement

  • PS2/15 - Solvency II: A new regime for insurers

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