Thresholds [UK]
The UK government will increase the thresholds at which Solvency UK will apply to insurers to £15 million in annual gross written premiums (triple the previous threshold) and to £50 million in gross technical provisions (double the previous threshold). Insurers below the threshold will be able to opt-in to Solvency UK.
For information on changes to the Solvency II EU thresholds see Topics – Proportionality [EU]