City still has sparkle as market accessibility is valued above lower tax

Fears London has lost its edge may be overblown, a recent survey shows, but domicile has become a key issue for all market firms. By Graham Village

Graham Village

SHIFTS to solvency requirements, regulatory regimes and fiscal policy have combined to make choice of domicile a more important topic for consideration these days by companies transacting international insurance and reinsurance. London’s dominance as an international insurance centre has been under threat from offshore domiciles, but are the recent high-profile departures a sign the city has lost its allure for good?