This week, The International Underwriting Association (IUA) spelt out four detailed priorities from Brexit negotiations identified by companies in the London Market, as Brexit issues dominated the mainstream media.
News & Commentary
With political and macro-economic turmoil grabbing more attention every day, it is all too easy to forget that the serious business of regulating Europe’s insurance companies continues at a relentless pace in the background.
This week, the UK Chancellor's Autumn Statement included a further hike in Insurance Premium Tax, and was criticised across the market.
You could have joked earlier this year that you foresaw a nightmare scenario for an implausible triple whammy of unexpected disruptive events
This week, regulatory issues were to the fore.
The language of the political debate around Brexit has suddenly become more nuanced, maybe pointing towards a softer Brexit, even retaining some access to the single market.