SS12/15 – Solvency II: Lloyd’s

First published on 20 March 2015

This supervisory statement is addressed to Lloyd’s. It sets out the Prudential Regulation Authority’s (PRA’s) expectations in relation to the application of certain parts of Solvency II to Lloyd’s, and expands upon the Lloyd’s Part of the PRA Rulebook.

• amendments to Trust deeds;
• solvency capital requirement;
• capital add-on; and
• composites.

Supervisory Statement 12/15 

Future version

Published on 28 February 2024. Effective from 31 December 2024.

• Supervisory statement 12/15 – Solvency II: Lloyd’s – February 2024 (PDF)

 - Following PS2/24 – Review of Solvency II: Adapting to the UK insurance market