London’s combination of capital, skills and market infrastructure is not easily replicable, but insurers cannot take its status as a top global financial centre for granted. London’s business model is suited to a world of untrammelled globalisation, yet the direction of travel could be towards greater regionalisation or nationalisation of finance. The Ukraine war has accelerated the emergence of a ‘walled gardens’ world focused on self-sufficiency in energy, food and water within broader geostrategic and security frameworks. In such a world, London’s best hope could lie in becoming less of a global financial and insurance centre and more of European one, but this would require rapprochement with the EU, not regulatory divergence, which promises to be costly in terms of market access.
Summaries of Long Read and Briefings essays and full access to curated links
The Oracle Partnership delivers agenda-setting foresight.
We bring together some of the world's leading thinkers and a range of artificial intelligence tools to deliver independent, agenda-setting foresight, focused on strategic risk, big ideas and game-changing invention.
Our subscription service includes full access to original material in the form of Long Reads, Briefings, The Rome Scenarios, Weak Signals and Wild Cards.
If you would like to receive Oracle Partnership updates and receive notifications about our services and editorial output, please register for updates below.
If would like further information about our subscription service, please write to us at: [email protected].