Leading ratings agencies have moved quickly to publish reassuring assessments of the implications of the war in Ukraine on the insurance industry.
News & Commentary
Just hours after Bank of England executive director Vicky Saporta warned MPs on the Treasury Select Committee of the dangers of weakening regulation in pursuit of competitiveness, City Minister John Glen stood up at the Association of British Insurers annual dinner and outlined plans to slash bureaucracy and relax regulation in a move the Treasury says will unlock growth and unleash investment in UK infrastructure.
The 17th Global Risks Report produced for the World Economic Forum has highlighted fears among political and business leaders around the world that the next two years will see a heightened risk of a major asset bubble burst, writes David Worsfold, contributing editor.
New Year predictions have always been laced with caveats, uncertainty and the hope that by the end of the year they do not look ridiculously wide of the mark. The global chaos caused by the Covid-19 pandemic has doubled and re-doubled that uncertainty but are we, at last, reaching out to normality?