This week, PwC’s 20th annual global CEO Survey said that insurance CEOs are more concerned than leaders in any other industry about the combined threats to their growth prospects.
Insurance companies looking for shelter from the stormy winds of macroeconomic uncertainty swirling around the Eurozone are starting to fear that their carefully constructed and risk-matched portfolios are uncomfortably vulnerable.
This week, Willis Re reported that insured losses from natural catastrophes reached $39.5bn last year -the highest since 2012.
With political and macro-economic turmoil grabbing more attention every day, it is all too easy to forget that the serious business of regulating Europe’s insurance companies continues at a relentless pace in the background.
You could have joked earlier this year that you foresaw a nightmare scenario for an implausible triple whammy of unexpected disruptive events
The language of the political debate around Brexit has suddenly become more nuanced, maybe pointing towards a softer Brexit, even retaining some access to the single market.