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European environmental liability options

Deepwater Horizon rig in flames

Environmental damage costs have hit the headlines in recent years and the European Commission is looking at the option of a fund to control them. But, as Sam Barrett finds out, the insurance industry is not the number one fan of this idea.

Environmental damage resulting from industrial accidents can be devastating, and recent incidents, including the Deepwater Horizon oil spill which killed 11 workers, affected thousands of businesses

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TimeTo: Reflect on the 2026 Biba Conference

Content Director’s View: This week a swathe of the UK general insurance sector decamped to Manchester for the annual British Insurance Brokers’ Association conference. Jonathan Swift reflects on some of the themes and talking points of the 2026 iteration.

Shoib Khan, Prudential Regulation Authority

Shoib Khan, director of insurance supervision for the Prudential Regulation Authority, appears on Insurance Post’s Power List for the first time at a moment when his influence over the sector is particularly acute, as he leads a major stress test of the market.

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