Ups and downs, ins and outs

paul-upton-cutout

The weather had a sting in the tail for insurance in 2015 and the EU referendum may be the biggest storm on the horizon in 2016, says Paul Upton

The UK insurance industry appears to be a benign place to do business at the moment.

The back end of 2015 may have brought a series of weather-related losses to dent insurers’ numbers but these were well within planned-for levels. The floods probably turned the year from a great one into merely a good one for most of the UK property and casualty (P&C) market. Global economic events continue to make insurance look attractive to investors —and with the sharp slumps in the price of global equities

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