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Insurance Business | 17 Aug 2016, 01:30 PM Agree 0
Finger of blame placed on Brexit as global firm suffers 46% slump
  • Tony Knight | 17 Aug 2016, 02:14 PM Agree 0
    Surely its more a case of bad investment decisions rather than Brexit! These are half yearly results and as it is less than 2 months since the referendum this can't be the whole reason
  • Tong Lang | 17 Aug 2016, 02:25 PM Agree 0
    I agree. A sense of irony that a leading company in the business of management of risk failed to prepare for such an outcome! After all, it was not such a difficult scenario - there were only two options.

    To be fair, they are not alone. I think there are any number of organisations who did not believe that Brexit might win the vote (even HM Government?).
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