Under the terms of the code, which the market authority revised in May, life insurers, asset management companies and trust banks have been asked to publicise specific votes they cast at shareholders’ meetings, or otherwise explain the decision to not disclose their actions.

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.

This week, The Insurance Development Forum, at the annual International Insurance Society(IIS) Global Insurance Forum in London, applauded UK and Germany leadership to address the disaster coverage gap – a Centre for Global Disaster Protection is to be set up in London.

Britain is the world’s leading exporter of insurance and pension savings products, selling £13bn (€14.7bn, $16.8bn) to the rest of the world, according to latest figures released by the Association of British Insurers (ABI).

Whatever the outcome of the Brexit process now under way, the shape of the asset management industry in Europe is set to change substantially, a report by the CFA Institute has found.

The PwC/CBI quarterly survey reported a mixed picture for the UK insurance market. The regular Willis Towers Watson/confused.com survey of UK motor insurance premiums indicated an average rise of 18.5% for the second quarter, and a SAS survey looked at UK consumers attitude to their forthcoming new data rights over insurance companies.