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.
News & Commentary
This week, Willis Re reported that insured losses from natural catastrophes reached $39.5bn last year -the highest since 2012.
Insurers and asset managers struggling to see how Brexit will impact them found the way ahead becoming just a little clearer over the last week.
This week, Insurance Europe highlighted Solvency II issues which need to be addressed, and Clyde & Co commented on the UK Government's Brexit White Paper, which provided some comfort to the insurance industry.
The transaction will represent LCCG’s first acquisition in the UK and is expected to form the platform for further acquisitions in the UK.
Markets, commentators and investors have been turning somersaults trying to come to terms with the implications of the Trump Presidency. They had better get used to doing so as the new President is busy tearing up the rulebooks, especially the one entitled global trade.