Roundtable: Help needed -The market turns to insurers

GTR assembled 10 well-known brokers, insurers and bankers in London in mid-October to discuss the most topical trends and market issues in the trade credit and political risk insurance industries. Coming as financial markets were undergoing some of their greatest turmoil for decades, the talk around the table touched upon a range of key talking points. JLT Risk Solutions kindly hosted the discussion for GTR.

Godier: At last year’s roundtable, Charles Berry elegantly predicted that the sub-prime crisis was “the beginning of a long slow-motion train crash in the financial markets, which is beginning to impact in emerging markets.” To what extent is the insurance industry suffering as a result of the fallout? Are you somewhat de-coupled, and what is the impact on your businesses and upon your market?