On 16 December 2015, the PRA published a modification to its Solvency II group supervision rules 20.1 and 20.2 which apply to authorised (re)insurers whose parent is an insurance (or mixed financial) holding company with its head office in Bermuda.  Unless/until the equivalence of Bermuda's prudential regime under Solvency II is declared and takes effect, the PRA will apply the 'other methods' of appropriate group supervision set out in the modified rules.  If/when full equivalence is granted, those other methods will cease to apply.