Content Options

Content Options

View Options

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;
      1. (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;
      1. (c) [deleted]180
      1. (d) the Society and, separately, a managing agent; and
      1. (e) an insurance special purpose vehicle;143
      1. (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.