What are the broader implications of Skandia's resignation from the Association of British Insurers?
Andy Milburn, Munich Re The question has to be broken down into chunks. As far as the protection market is concerned, Skandia is not seen by many as a major writer of protection business so the impact of it leaving the Association of British Insurers (ABI) on any work in that area being undertaken by the association will probably be minimal. However, Skandia is a major player in the pensions and investments markets. Its lack of future involvement in ABI initiatives covering those areas could have major consequence as Skandia is well regarded for its investment propositions and processes. ...
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