In this week's top news; Lloyd's of London announces it will reduce its exposure to Government debt, then British regulation for planning will be reviewed and finally Bob Ewers talks about AXA Assistance expectations for 2011 earnings.<br />The Lloyd's of London insurance market has announced that it will reduce its exposure to European Government debt, and has pulled out some cash from some of the region's banks.<br />Frank Savage, Lloyd's financial Director says it is only natural to reduce its exposure in banks that are in countries presenting a potential risk.<br />For the first half of the year, the company has made a pre tax loss of 697 million pounds due to an unprecedented number of catastrophes.<br />To answer high demands for housing in Britain, the government is looing into easing planning requirements.<br />If the changes go ahead, the framework of over one thousand pages of requirements will be reduced to only 52.<br />The worry is there will be more homes built in flood risk zones, thus flood insurance will be more difficult to get and more expensive.<br />We have met with Bob Ewers, AXA Assistance UK & Ireland CEO, who outlines the company's expectations for 2011's results.<br /><br />Find all News Insurances videos here : live.news-assurances.com/<br /><br />And here : newsinsurances.co.uk/toutes-les-videos
