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.

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.

Andrew Bailey, chief executive of the Financial Conduct Authority (FCA) gave a positive speech on free trade prospects post-Brexit. The Prudential Regulatory Authority (PRA) warned insurers regarding assessment of cyber risks following a consultation.