Regulatory Reporting

Solvency II Pillar 3 Reporting Requirements

The Solvency II Pillar 3 regulatory reporting requirements came into force on 1 January 2016. Firms must produce two key reports:

i)    the Solvency and Financial Condition Report (SFCR) – UK firms are required to disclose this report publicly and to report it to the Prudential Regulatory Authority (PRA) on an annual basis. The SFCR includes both qualitative and quantitative information; and
ii)    the Regulatory Supervisory Report (RSR) – This is a private report to the supervisor and is not disclosed publicly. UK firms submit this report to the PRA in full at least every three years and in summary every year. The RSR includes both qualitative and quantitative information.

In addition firms must comply by the Rules set out in Policy Statement 2/15 in relation to submitting national specific templates.


Pursuant to the above requirements and specifically to to Art. 51 Solvency II Directive 2009/138/EC North publishes SFCR’s for North Group and for North of England P&I Association Limited (“North”) and Sunderland Marine Insurance Company Limited (“SMI”) which are North Group’s Solvency II regulated legal entities (solo reports).  The SFCR’s have been prepared in accordance with the financial reporting provisions of the PRA rules and Solvency II regulations.

The SFCR’s are available via the tiles below.

The Club’s parallel mutual reinsurance company, North of England Mutual Insurance Association (Bermuda) Limited (“NEMIA”) is regulated by the Bermuda Monetary Authority and is not part of the North Group UK regulated entity.  The North Group SFCR does not include the consolidation of NEMIA results.

Annual Review

For an overview of the financial standing of the Club as a whole, please refer to the 2018 Annual Review and the Combined Financial Statements.


North Tile Small Sunderland Marine Tile Small North Group 275X100
North Sunderland Marine North Group