This week, a London Market Group (LMG) update report indicated that the London Market had a reducing market share of reinsurance and in emerging countries in 2015, and is behind on diversity.
News & Commentary
This week saw a wide range of first quarter results and trading updates.
Most insurers and their investment teams might feel that a period of regulatory calm is in order after the implementation of Solvency II at the beginning of last year. Unfortunately, regulators have different ideas.
On 22 March, the inaugural Insurance Investment Exchange Awards shone a spotlight on the vital work that internal investment teams and asset managers undertake on behalf of the insurance industry to help successfully manage the trillions of pounds under their collective stewardship.
The dark clouds of the shock reduction in the discount rate which is used by the courts in England and Wales to calculate personal injury damages awards – the Ogden rate – are set to deepen further. The cut in the rate in February from the 2.5% it was set at in 2001
The dark clouds of the shock reduction in the discount rate which is used by the courts in England and Wales to calculate personal injury damages awards – the Ogden rate – are set to deepen further. The cut in the rate in February from the 2.5% it was set at in 2001