London market acknowledges placement pressures.

التفاصيل البيبلوغرافية
العنوان: London market acknowledges placement pressures.
المؤلفون: Miller, Peta, Veysey, Sarah
المصدر: Business Insurance. 11/1/2004, Vol. 38 Issue 44, p44-45. 2p.
مصطلحات موضوعية: Business brokerage, Insurance companies, Actions & defenses (Law), Brokers, Business consultants, Risk managers
مصطلحات جغرافية: London (England), England
مستخلص: This article reports that brokerage firms in the London market do pressure their employees to place risks with insurers that pay the highest contingent commissions, insurance sources agree. But recent moves by several of the world's largest brokers to stop accepting contingent commissions could eliminate this practice in London, England and elsewhere. The lawsuit sent shockwaves across the industry, particularly in London, where "there has been a frenzy of discussion, speculation, debate and a little bit of panic in some quarters," said one broker who declined to be named. Risk managers say contingent commissions should be eliminated.
قاعدة البيانات: Finance Source
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