Overview - Things are looking up

The current financial climate is the perfect environment for increased run-off business as companies look to free up capital but prices remain high, writes Mairi Mallon

Most professionals now agree that there will be more business placed in orderly run-off in the coming years. What with Solvency II and now the financial crisis, companies will be looking to release

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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