Understandably the insurance industry reacted negatively to the news, but in the end cold, hard cash did the talking some days later. on 31st May, stock market analyst Collins Stewart was bullish about the prospects of FTSE 100 darling Admiral Insurance precisely because of the LSB’s protectionist stance. Referral fees are to continue and Admiral will carry on earning a tidy sum from them; a fact that won’t have gone unnoticed by the many pension funds with holdings in the motor insurer. […]
It took the insurance trade media a couple of weeks to notice that the Discount Rate was officially under review but this certainly got the defendant lobby talking amongst themselves with the actuaries pulling out their calculators first off. […]
“It’s great, and so are we” say the insurers. “The system’s being abused and they’re taking advantage of it,” say the lawyers. Well which is it? Two very different angles about the the MOJ portal appear in today’s Post Mag and Law Soc Gazette.
From facebook to sales book – Postonline. Social networking, broker focus This piece by Amy Ellis looks into the facebook/twitter/linkedin world of social networking and asks brokers if they reckon they can use it to […]
Last week’s decision by the Inner Court of Session, which upheld Scottish Lion’s appeal against the dismissal of its proposed solvent scheme of arrangement drew blanket coverage in the (re)insurance press. The original decision had […]