Light at the end of the tunnel?
The direction regulation is likely to take is perhaps becoming a little clearer but the best industry advice still seems to be based largely on guesswork.
The terms of the debate about the future of general insuranceregulation under the Financial Services Authority are at last becoming
clear - well, a little bit clearer. From the wild speculation of the past
few months we can now discern some clear landmarks through the swirling
mists of speculation.
The first, and probably the most important, is that the fervent
anti-commission tendency seems to be in retreat. This unhelpful group
seemed to have reached the peak of its influence in the now
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