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KPMG/ARC Run-Off Survey reports significant contraction in the size of the UK non-life run-off market..

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Tiner backs London Data

The chief executive of UK regulator the Financial Services Authority has said it is satisfied with the quality of the data provided by the London market on its efforts to achieve contract certainty.

Questions had been raised over the accuracy of the data provided by the market but at the FSA’s AGM, Tiner said there were no fundamental concerns over the data provided and that they were satisfied that in the vast majority of cases the data had been of good quality and reliable.

This News item appeared in issue 108 of JTW News - September 2006
 
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