UK insurers will be able to free up billions of pounds to direct toward long-term investment under long-awaited plans to amend the country’s version of Solvency II. Junior economy minister John Glen last night set out plans to overhaul the regulation, in particular the risk margin and matching adjustment
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Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.