UK insurance rules changes not part of “deregulatory agenda”, says minister By Reuters

LONDON (Reuters) – A review of capital requirement rules for insurers after Brexit won’t be part of a “deregulatory agenda”, Britain’s financial services minister John Glen said on Tuesday.

“This isn’t about a gratuitious deregulatory agenda, but proportionate and appropriate changes to reflect the situation happening in the UK,” Glen told the Association of British Insurers’ annual meeting.