27 May 2015Alternative Risk Transfer

A vision of the future?

In his 2014 Autumn Statement UK chancellor George Osborne announced that the government would explore all options to ensure that the UK’s regulatory and tax regime becomes as competitive as possible in order to attract more reinsurance business to the UK. We were promised interim findings in the 2015 Budget and, after a period of consultation with the market, the March Budget was delivered including the following statement:

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