Insurance Banana Skins 2009

This is our second Insurance Banana Skins survey – and, my, how the world has changed in 18 months. Back in 2007, the top fears were over-regulation (which, it was felt, might squeeze the life out of the industry) and natural catastrophes. Now, it is all about investment performance, equities and capital availability. I think David Lascelles, the author of both the insurance and banking Banana Skins surveys, sums it up best: ‘The insurance sector feels that it may be unjustly penalised for the sins of the banking sector.