Populism? That was very 2016 wasn’t it? The vote for Brexit and the election of Donald Trump had many warning that 2017 could be even worse.
The conventional wisdom for generations has been that life expectancy will continue to increase much at the same rate as it did for most of the 20th century.
The pace of announcements by UK insurers and brokers of new domiciles within the European Union for their post-Brexit operations has quickened in the last few months. Many are talking down the extent of the operations and staff who will have to move to service the business of EU clients. The regulators have other ideas.
In the wake of the ground-breaking agreement at the end of the Paris Summit in December 2015 – the 21st Session of the Conference of Parties (COP21) – the role of insurers as investors in renewable energy and a range of green initiatives was high on the post-summit agenda.
Underwriters, brokers and buyers will already be filling up their diaries ready for the reinsurance market’s annual Rendez-Vous in Monte Carlo in September. The frantic whirl of meetings, lunches and dinners traditionally sets the tone for the crucial end-of-year renewal season.
As insurers try to escape from the “slow grind downwards in terms of yield”, they have sought out a more diverse range of assets, including those with limited liquidity that would previously not have found their way into portfolios, Bob Swarup, co-founder of the Insurance Investment Exchange, told the audience at the recent Insurance Investment Exchange seminar in London.
Insurers’ long, weary quest to find yield shows no signs of abating, according to the audience survey results from the recent Insurance Investment Exchange seminar on 13th June 2017.
By Douglas Shillito This week, Swiss Re’s 2017 SONAR report examined the top emerging risks the re/insurance industry and society are facing. Marsh and Airmic launched a new paper examining the major obstacles that can impede the expeditious resolution of large or complex property damage insurance claims, and a Gallagher-sponsored survey of large UK companies […]
The insurance industry finds itself united with the rest of the country in apprehension and concern at the prospect of months of uncertainty following last week’s unexpectedly inconclusive General Election result.
The fallout from Brexit has plunged Europe’s financial regulators into a bitter battle to maintain their independence.
Mutuality in the insurance sector in the UK is seen as something of a minority pursuit after successive waves of demutualisation swept across the sector in the 1980s and 1990s.
At the turn of the year, many feared the worse when surveying the crowded landscape of geo-political hazards dotted across 2017.