Harnessing the Power of Insurance

Plus: Inflation, Market Stress, Payment for Order Flow

It’s not often you see a national leader take an active interest in obscure elements of financial services regulation. But Liz Truss, newly appointed prime minister of the UK, has done just that. On her campaign trail over the summer, she toured the country promising members of her party that she would reform “Solvency II”, a framework insurers use to m…