Five questions every credit committee should ask about its NPL book
ArticleMost NPL books are written off before their value is exhausted. Prashan Patel identifies five questions credit committees should ask.
09 Nov 2022 53 min listen
The relatively dramatic developments in financial markets that the UK is enduring are impacting many areas of life. The insurance sector has been affected by it too, although it's demonstrating a remarkable robustness, given the global turmoil in the last couple of years.
In this episode, Irina Velkova, is joined by Paul Cooper, Group Chief Financial Officer at Hiscox, Charlotte Clark, Director of Regulation at the Association of British Insurers, and Rob Benson, Partner at Grant Thornton UK LLP, to discuss resilience in the insurance sector, and how to overcome its current challenges.
Most NPL books are written off before their value is exhausted. Prashan Patel identifies five questions credit committees should ask.
Practical guidance on maximising the value of regulatory engagement – from FCA authorisation to routine SM&CR notifications and beyond.
The FCA has launched a market study into the claims management sector, putting firms’ conduct, pricing and funding models under the spotlight.