The Solvency 2 Regulations 2015

Group solvency and financial condition report

This section has no associated Explanatory Memorandum

33.  Where the PRA is the group supervisor of a group and the PRA has received a request from—

(a)an insurance undertaking which is a participating undertaking;

(b)a reinsurance undertaking which is a participating undertaking;

(c)an insurance holding company;

(d)a mixed financial holding company,

to provide a single solvency and financial condition report in accordance with rules implementing Article 256 of the Solvency 2 Directive, the PRA must consult and duly take into account any views and reservations of the other members of the college of supervisors before agreeing to the request.