With 2016 in full stride, it seems a good time to pause and take stock of the year so far. Some of the key industry developments have been marked on the cards for a while – Solvency II and the implementation of the Insurance Act 2015 to name just two.
Others, such as the unrelentingly soft market across the board and responding to the floods, are part-and-parcel of the insurance game the industry plays but they still bring their challenges for both brokers and insurers alike.
This article reviews the highs and lows for the insurance industry so far in 2016 before assessing what the rest of the year might have in store.
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