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Paul Barrett

Assistant Director, Association of British Insurers, UK
Paul BarrettPaul Barrett

Paul Barrett is assistant director, financial regulation, and taxation, at the Association of British Insurers (ABI). His team leads on a number of strategic risk and regulatory issues, including Solvency II, developing proposals to support the UK and European industry agenda in partnership with the CEA (the European insurance and reinsurance federation), and other stakeholders. Barrett coordinates the ABI’s regulation priority work and was responsible for producing the industry guide to the individual capital assessment (ICA) process and the ABI’s unit-linked guide of good practice. Previously he worked at the Financial Services Authority.

Articles by this Author

  • Solvency II—A New Regulatory Framework for the Insurance Sector
    by Paul Barrett
    In July 2007, the European Union (EU) introduced the Framework Directive for Solvency II, which aims to be a “modern, risk-based, supervisory framework for the regulation of European insurance and reinsurance companies.”The aim is for the directive to be enacted into law in member countries by October 2012. In the words of the UK’s Financial Services Authority (FSA), the directive “aims to establish a revised set of EU-wide capital requirements,...

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