A friend and well-respected industry figure recently told me that, when insurers design their protection propositions, the proper place to begin is with the claims experience and work backwards. Of course, this does not guarantee a perfect outcome but it makes sense. We are in the business of paying claims: helping people make a claim when […]
The FTSE 100 finished June recording the worst monthly performance in more than three years as concerns over the Greek debt crisis gripped markets. The blue chip index ended the month down 6.6 per cent, marking the sharpest decline since May 2012. However it opened today 0.7 per cent higher at 6,564. The crisis engulfing […]
Leading Conservative backbencher Jacob Rees-Mogg says the Treasury Committee must examine EU handbrakes on the City of London. Rees-Mogg was one of five Conservatives elected to the Treasury Committee in late June, and is also a partner at investment firm Somerset Capital. He says: “We need to look at how European regulation and UK regulation […]
David Cameron says he is delighted the process of renegotiating the UK’s membership of the EU is “properly under way”. The prime minister addressed EU leaders for 10 minutes at a summit in Brussels last night, the BBC reports. The speech marks the start of official renegotiation talks between London and Brussels. Cameron wants to […]
A report from the Centre for the Modern Family out last week presents some interesting — and perhaps rather worrying — findings.
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