Future planning

Deloitte and Credit Suisse have made particularly strong showings in Life & Pensions’ third annual insurance rankings, after a long and difficult year in which insurers have been busily preparing for the implementation of Solvency II. Andrew Sheen reports

Set against the backdrop of the largest global recession since the 1930s and widespread economic uncertainty, the third annual Life & Pensions insurance industry rankings shows a sector torn between picking up the pieces of the past year and looking forward to the future.

While many believe the economic crisis to be banking-led – indeed, senior members of the insurance industry have referred to it as ‘the banking crisis’ – it is manifest that the fallout from the collapse of Lehman Brothers in