Treasury Committee

EU Insurance Regulation inquiry

Inquiry status: Concluded

Due to the general election on 8 June 2017 the Committee has now closed this inquiry. Following the dissolution of Parliament on 3 May 2017, all Select Committees cease to exist until after the general election. If an inquiry on this subject is held in the future, the Committee may refer to the evidence already gathered as part of this inquiry.

Scope of the inquiry

This is an inquiry into the new regime for the regulation of insurance, which was implemented in January 2016.

There were fears that the much delayed EU directive would impose substantial costs on the insurance industry, and the Committee has already heard evidence suggesting that Brexit provides the opportunity to leave the Solvency II arrangement and that doing so would help insurance companies. This inquiry will explore the impacts of the directive, and the options now available to the UK, in more detail.

Terms of reference: EU Insurance Regulation

Latest evidence

  • 22 Feb 2017 - EU Insurance Regulation - oral evidence | PDF version (PDF231 KB) HC 852 | Published 02 Mar 2017

    Evidence given by Sam Woods, Deputy Governor for Prudential Regulation and Chief Executive Officer, Prudential Regulation Authority, Victoria Saporta, Executive Director, Prudential Policy, Bank of England, and David Belsham, External Member, Prudential Regulation Authority Board.

Receive RSS updates

Share this page