Insurers, this week, also had to consider the fall out from a snap decision by Prime Minister Theresa May to call an election in May, which could see whiplash reforms delayed for some time. The Association of British Insurers saw the positive side of this as an opportunity to get a "fair reform" of the Ogden discount rate just as AIG revealed it expects to record a $100m (£77.9m) hit to its Q1 2017 pre-tax profits as a result of the cut to the rate. The Financial Conduct Authority, meanwhile
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