The Prudential Regulation Authority has said that changes to the Solvency II regime could be needed in response to the pandemic, Brexit and climate change.
Lockdown hasn’t quite ended, but little shoots of normality are appearing as countries begin to reopen. Our recent weekly updates contain helpful summaries of key data, trends and analysis to help insurance company investemnt bosses cut through the noise.
Unprecedented uncertainty looms over insurers’ investment portfolios. Normally in times of market turbulence, there are data from previous crises that can help plot a course through but not this time.
The London insurance market is at the eye of the storm when it comes to major claims arising from the pandemic. From event cancellation through marine and aviation to the thorny issue of business interruption cover the sums being talked about run into hundreds of millions.