10 April 2026
Lower SCR drives Pension Insurance Corporation ratio up for second year running
Solvency UK data platform · Powered by Solvency II Wire Data
The Solvency UK data platform.
Built for practitioners.
SFCRs and QRT filings of UK insurers. Every year. Structured, validated, and ready for immediate analysis — solo and group, life and non-life.
About the regime
Solvency UK — the UK's own solvency framework
UK insurers have been required to publish detailed solvency disclosures since 2016 — initially under the EU's Solvency II framework, alongside their European counterparts. Solvency II Wire Data has collected and structured that UK data from the very first filings.
Following the UK's departure from the EU, the PRA developed Solvency UK — a reformed regime that entered into force in 2023. It introduced material changes to the economic balance sheet, reporting templates, and key regulatory measures, diverging from the EU framework in important respects.
Our database covers the complete 10-year history: the Solvency II period (2016–2022) and the Solvency UK period (2023 onwards) in a single, consistent structure — so you can analyse the UK market across the full regulatory arc.
Template prefix change: Solvency II templates (S.xx) become Solvency UK Insurance Reporting templates (IR.xx).
Example: S.02.01.02 (Balance Sheet) → IR.02.01.02 → IR.02.01.02 in the database
Risk Margin Recalibration
New cost-of-capital rate and projection methodology. Estimated ~65% reduction for life firms relative to Solvency II. Produces a step-increase in own funds visible at the 2023→2024 boundary.
Matching Adjustment Reform
Expanded asset eligibility including assets with highly predictable cash flows. New PRA-published Fundamental Spread replaces own-calculated credit risk allowance. New SFCR attestation requirements.
Volatility Adjustment Recalibration
UK-specific VA diverging from EIOPA's EU calibration. Affects S.22.01 sensitivity disclosures and the reported impact of LTG measures.
QRT Template Restructure
Balance sheet liabilities redesigned. Premium templates split by life/non-life. SCR templates consolidated into a single IR.25.04. Lines of business reclassified across multiple templates.
Database coverage
27 QRT templates. Every data point. Fully structured.
The Solvency UK dataset covers the full scope of mandatory public disclosures — balance sheet, own funds, SCR, technical provisions, premiums, and more — in a single flat-table export ready for analysis.
IR.01.02.01 & IR.01.01.04
Entity Information
Solo and group undertaking details, LEI, jurisdiction, entity type, and capital model used.
IR.02.01.02
Balance Sheet
Full Solvency II economic balance sheet — assets, technical provisions, own funds. Liability side substantially redesigned versus Solvency II.
IR.05.03.02 & IR.05.04.02
Premiums, Claims & Expenses
Split into separate life and non-life templates under Solvency UK, with revised LOB structures in both.
IR.12.01.02
Life Technical Provisions
Best estimate and risk margin by product line. Material changes for firms with Matching Adjustment portfolios.
IR.17.01.02
Non-Life Technical Provisions
TP by line of business — note LOB reclassification creates structural breaks versus pre-2024 data.
IR.19.01.21 & IR.19.01.01
Claims Development
Claims triangles for non-life and health. LOB reclassification may break historical continuity.
IR.22.01.01
LTG Measures & Transitionals
Sensitivity disclosures showing the impact of removing VA, MA, and transitionals — UK-recalibrated.
IR.23.01.01 & IR.23.01.04
Own Funds — Solo & Group
Eligible own funds by tier at SCR and MCR level, including LTG measure impacts.
IR.25.04 (IR.25.04)
SCR — Consolidated Template
Solvency UK consolidates the SII S.25.01/02/03 templates into a single IR.25.04, with additional sub-risk "Other" rows.
IR.28.01.01 & IR.28.02.01
MCR — Solo & Groups
Minimum Capital Requirement calculations. Moderate impact from RM-driven TP and premium changes.
IR.32.01.22
Group Composition
Subsidiary-level group structure data — one row per subsidiary per group per year. Ownership percentages, LEIs, entity types.
Supplementary sheets
Sensitivities & SCR Components
Extracted from SFCR narratives: LTG sensitivity scenarios and SCR module-level breakdowns where disclosed.
Jurisdictions covered
🇬🇧 United Kingdom
🇬🇮 Gibraltar
🇬🇬 Guernsey
🇮🇲 Isle of Man
Analytical guidance
Solvency UK versus Solvency II — what changed in the data
Solvency II Wire Data maintains a parallel Solvency UK dataset (SUK) and Solvency II dataset (SII) with consistent structure. This table summarises the key analytical breaks at the 2023→2024 boundary.
| Template / Area | Change type | Analytical impact |
|---|---|---|
| Balance Sheet — Assets IR.02.01.02 |
Minor | RI recoverables consolidated from 7 to 3 rows. Asset totals remain cross-year comparable; RI sub-category breakdown does not. |
| Balance Sheet — Liabilities IR.02.01.02 |
Major | Complete liability redesign. Product-type TP breakdown (rows R0520–R0720) eliminated. Cross-regime TP comparison by product type not directly possible. |
| Premiums, Claims & Expenses IR.05.03.02 / IR.05.04.02 |
Major | Single SII template split into two SUK templates. Life and non-life LOBs restructured. Cross-year LOB comparisons require confirmation that specific LOB is unchanged. |
| Life Technical Provisions IR.12.01.02 |
Major | MA reform changes TP for MA portfolios. Firms entering or restructuring MA in 2024 show structural discontinuities. |
| LTG Measures IR.22.01.01 |
Major | New MA framework introduces new attestation and reporting requirements. Sensitivity disclosures recalibrated versus SII. |
| Own Funds IR.23.01 |
Moderate | RM recalibration increases eligible own funds. Step-up in Tier 1 capital at 2023→2024 boundary for life firms with significant RM. |
| SCR IR.25.04 |
Moderate | Multiple SII templates consolidated into single IR.25.04. New "Other" sub-risk rows added. SCR coverage ratio improvements at 2023→2024 partly structural. |
| Non-Life TPs & Claims IR.17 / IR.19 |
Moderate | LOB reclassification creates breaks in TP and claims development triangles consistent with S.05 changes. |
Subscribers
Used by everyone who works with UK insurance capital data
From peer benchmarking to regulatory analysis, Solvency II Wire Data removes the friction of building and maintaining your own QRT database.
Insurers & Reinsurers
Peer benchmarking on SCR ratios, own funds quality, TP levels, and MA usage across the UK market.
Consultants & Advisers
Actuarial, audit, risk, and management consultancies using market data to benchmark client positions and model industry trends.
Investors & Analysts
Tracking capital strength, solvency coverage trends, and the impact of Solvency UK reforms across the listed and unlisted insurance market.
Regulators & Supervisors
Cross-market monitoring, disclosure quality assessment, and tracking the industry-wide impact of Solvency UK reforms.
From Solvency II Wire
Latest Solvency UK analysis
Editorial coverage of Solvency UK disclosures, QRT data, and regulatory developments from Solvency II Wire.
10 April 2026
SFCR 2025: Legal & General Group drop in own funds pulls ratio down
4 April 2026
SFCR 2025: Aviva reports lowest solvency ratio since Solvency II implementation
29 March 2026
Just Group 2025 SFCR: ratio drops due to reduction in eligible capital
29 March 2026
St James’s Place Group SFCR 2025: ratio down
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