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In the language of business, fair value is grammar

In writing, grammar is vital because it provides information that helps the reader’s comprehension. When creating prose, grammar is the structure that conveys precise meaning from the writer to the audience. Therefore, eliminate grammatical errors from your writing, and you reward your readers with clear communication. The same applies to the language of business. Firms… Continue reading In the language of business, fair value is grammar

FCA pricing remedies could be just the start of a wave of regulation

Kate Collyer, Chief Economist at the FCA, has hinted that the current pricing remedies could be just the start of a wave of regulation. Are insurers prepared for what’s coming? By Ben Johnson, Managing Director of the Insurance practice, Sheffield Haworth. With contributions from several key insurance insiders off-the-record to gauge the industry’s response. The… Continue reading FCA pricing remedies could be just the start of a wave of regulation

Insurance Outlook 2021 – A year of radical transformation

The insurance industry could struggle to implement new FCA rules on pricing and fair value this year. But there is an example to follow – the retail banking sector. Ian Hughes from Consumer Intelligence and James Yerkess from HAL Consulting speak to Ben Johnson from Sheffield Haworth about which lessons insurers should learn in 2021.… Continue reading Insurance Outlook 2021 – A year of radical transformation

2021 – A year of two halves?

The Bank of England says that it expects a vaccine fueled recovery in the second half of 2021. However, it has downgraded its forecast for 2021 as a whole, on the basis that H1 economic conditions will remain very challenging. It has also left the door open to negative UK interest rates should they become… Continue reading 2021 – A year of two halves?