Six ingredients needed for an effective consumer risk metric

Published in: Risk, Risk management, Conduct risk, Corporate strategy, Regulation, Investment risk - strategy, UK, Software - IT

Companies: Institute and Faculty of Actuaries, Consumer Risk Metrics Working Party, Financial Conduct Authority

How should insurers communicate the risks and benefits of their products to potential retail customers? A recent paper from the UK Institute and Faculty of Actuaries investigated this question and came up with some surprising results. Christopher Cundy explains

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