This week, Lloyd's announced Bruce Carnegie-Brown as its next chairman.
News & Commentary
There is a rising sense of nervousness among European insurers and their regulators about the impact of the Trump administration’s ‘America First’ policy on global regulation of the insurance sector.
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.
China is considering easing the 50% ownership cap on overseas life insurers buying domestic companies in the biggest shakeup of the industry in almost two decades.
French insurer Axa said revenues crossed the €100bn (£84bn, $105bn) mark for the first time in the company’s history as chief executive Thomas Buberl distanced himself from a bid for Generali’s German life insurance business.
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.