Core Viewpoint - UK Chancellor of the Exchequer Rachel Reeves is engaging with top insurance CEOs to promote investment in the London market ahead of a challenging budget on November 26 [1][3]. Group 1: Meeting Details - The meeting will include prominent figures such as Lloyds of London Chair Charles Roxburgh, Swiss Re AG CEO Andreas Berger, and Hiscox Ltd CEO Aki Hussain, focusing on investment opportunities in the London market [2][4]. - Other attendees will include Allianz UK CEO Colm Homes, Beazley Plc CEO Adrian Cox, and Aviva's CEO of UK & Ireland General Insurance Jason Storah [4]. Group 2: Economic Context - Reeves is preparing for a budget that is expected to include tax hikes and spending cuts aimed at stabilizing Britain's public finances, following criticism of previous tax increases impacting UK businesses [3]. - The Chancellor emphasizes her commitment to economic growth as a top priority, indicating that her discussions with insurers are part of broader efforts to stimulate the British economy [3].
UK’s Reeves to Meet Insurance CEOs in Pre-Budget Growth Pitch