Unpopular culture set to be the talk of the Riviera

The conference discussion at Monte Carlo this year will be about the rise of the 'compensation culture'. Reinsurance talks to two of the speakers, Lord Hunt of Wirral and Patrick Snowball, about why this issue should now be on the agenda for reinsurers as much as insurers

'Compensation culture' has become a much-discussed issue in the UK over the last four to five years, in part because a 'blame and gain' culture means that society becomes very much more risk-aware and

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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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