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The plan behind Munich Re’s corporate orgy
In a BBC report on Munich Re’s sales party in Budapest in 2007, I discover that the revered reinsurer hired one tart for every five salesmen. Tarts were wrist-banded white,yellow and red depending on...
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We knew we were cheating our clients.
Mark Wood (now of JLT and formerly of the Prudential) is calling on insurers to relax the early exit penalties on pension contracts set up in the “bad old days” when commission was paid in advance...
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Tideway – we’ll resume this conversation on June 19th!
The original blog published here has been the subject of certain threats by Tideway Investments both to me and to my employers. I have no intention of letting this blog get in the way of my daily...
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What are Chinese walls made of ?
Darren Jefferson asks just how robust are these Chinese Walls I made a point of counting how many times during a typical week, the term ‘Chinese Walls’ was used by a variety of advisers. I got to...
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