The HM Treasury Consultation document is here, setting out the government’s proposal to introduce a dedicated insurer resolution regime in the UK.
It would be so tempting to reply asking why such a regime would be necessary, given that insurer capital is determined by Solvency II to a 1 in 200 year event of insolvency, and that all insurers have a capital buffer well in excess of the required amount, making insolvency something like a 1 in 10,000 year event. The government doesn’t plan for asteroids hitting Westminster, why plan for insurers going bust? Could never happen.
(Irony)