Following the Brexit vote, Acasta remain committed to working with our partners in Europe.
Acasta is still a Solvency II compliant insurer trading throughout the EU via the Freedom of Services regulations. To the best of our knowledge, Great Britain and Gibraltar will remain part of the EU for the next two years. Beyond the two year moratorium we...Will Credit Ratings be relevant under Solvency ii? – Keith Wardell, Managing Director
Many would argue that credit ratings are of little use in the current environment, just a short hand way to “tick the boxes”. After all, the last big insurer to fail in the UK was A rated, as were Lehman brothers. However, it is incumbent on brokers to check that they...