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Broadstone says insurers should plan ahead if they fall under the new NDF rules
Smaller insurers are set to benefit from increased thresholds under the Solvency II requirements, but should consider new rules for non-directive firms (NDF), Broadstone has said.
Following the 2024 policy statement from the Prudential Regulation Authority (PRA) which set out a £10m increase in thresholds, Broadstone noted there are six firms which will fall below the new So...
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