Contents

Our findings

A high-level summary of our key conclusions.

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Financial overview

Key market statistics at 31 December 2020 and how these have changed over time.

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Insurers' responses to COVID-19

Analysis of how COVID-19 impacted insurers and how they have responded, including the support provided to policyholders and employees.

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Climate change

How prepared are firms for impending climate change regulation? We look at governance and risk management, scenario analysis and disclosure requirements.

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Other key risks

A summary of the other key risks facing insurers such as Brexit, cyber and conduct risk.

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Solvency

Detailed analysis of solvency and financial strength across our sample - by insurer type and for individual firms.

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Capital impact of COVID-19

Discussion of how individual firms' capital positions have been impacted by COVID-19, and those relying on support from their parent companies or shareholders over the last year.

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Calculating capital

Analysis of firms by their approach to calculating Solvency II capital.

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Investments

Changes in insurers' investment holdings over time and analysis of ESG considerations in investment strategies.

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Solvency II risk margin

Analysis of Solvency II risk margin and how this differs by line of business.

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Stress and sensitivity testing

An overview of the sensitivity tests disclosed in firms’ SFCRs.

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Survey constituents and other notes

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Contact us

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Keep in touch