UK insurers set to survive any nat cat onslaught, if reinsurance holds

23-01-2023

UK insurers set to survive any nat cat onslaught, if reinsurance holds

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UK insurers and Lloyd’s syndicates would largely survive a heavy dose of major US nat cat, UK wind storm or cyber with only a handful of stragglers suffering the kind of loss to put solvency ratios into danger zones, thanks chiefly to a heavy reliance on reinsurance, the Bank of England’s 2022 stress tests indicate.


Insurance, Reinsurance, Natural Catastrophe, Earthquake, Hurricane, Flooding, Stress Testing, Regulatory Supervision, Bank of England, UK

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