News, reports and opinion from the UK and Global insurance marketplaces
King Abdullah of Jordan is entering a critical period for his regime, claims Elizabeth Stephens, Head of Credit and Political Risk Analysis for global insurance broker JLT. The conflict between … Continue reading
Elizabeth Stephens, Head of Credit and Political Risk Analysis for insurance broking group JLT, explores what the fractious political atmosphere holds in store for Russia following the Presidential elections on … Continue reading
FOR THOSE RUNNING brokers and insurance companies in the UK non-life market, 2012 promises to be a challenging year with reputation topping my list of worries for the industry.
Issues ranging from closure of a £500m tax loophole to how major property exposures can be managed once a decades-old pact to insure buildings at risk of flooding comes to an end; these and more will all vie for directors’ attention alongside the day to day running of businesses typically located at the grudge purchase end of the high street.
With concerns both legislative and market-driven requiring considerable thought, here’s my top five insurance industry headscratchers.
It took the insurance trade media a couple of weeks to notice that the Discount Rate was officially under review but this certainly got the defendant lobby talking amongst themselves with the actuaries pulling out their calculators first off.
Now as you may recall, a certain golfer had this time last year been exposed as something of a womaniser, and it was this very topic topic which inspired BMR’s first post, after a news piece in the FT and the paper’s editorial had been devoted to the world number 1′s indescretions.
Back in the summer of 2006, England were about to head to the World Cup in Germany with high hopes of victory. Meanwhile, capitalists had finally worked out how to crack the counter culture marketing nut BBC NEWS | Business | Hedge fund hippies have trip out.