Life insurers need to remain on top of an ever-changing landscape of regulatory changes, new developments, and key trends. In this paper, Milliman consultants summarise and provide insight on key topics relevant to the U.K. life insurance market for 2022 and beyond. The paper includes commentary on:

• The U.K. review of Solvency II
• Climate change and environment, social and governance considerations
• The latest developments in the unit-linked, with-profits, annuity, and protection business themes