Content Options:

Content Options

View Options:


You are viewing the version of the document as on 2023-12-11.

Solvency II firm

131a firm which is any of:

  1. (a) a "UK Solvency II firm" as defined in chapter 2 of the PRA Rulebook: Solvency II Firms: Insurance General Application;
  2. (b) a third-country insurance or reinsurance undertaking, namely an undertaking that would require Part 4A permission180 as an insurance or reinsurance undertaking 180if its head office was situated in the United Kingdom180;
  3. (c) [deleted]180
  4. (d) the Society and, separately, a managing agent; and
  5. (e) an insurance special purpose vehicle;143
  6. (f) in SUP TP 7 and SUP TP 8, SYSC, COCON, SUP 10C174 and DEPP143 only, a large non-directive insurer; 143

but excluding any firm to the extent that rule 2 of PRA Rulebook: Solvency II Firms: Transitional Measures disapplies relevant rules which implemented180 the Solvency II Directive.