How credit insurers communicate must be overhauled
The FT has called for the government to insist on more transparency in the credit insurance market.
It said “The murky business of how credit insurers take their decisions needs to be brought out into the open. The Bank of England is working on rules to govern how companies and their suppliers' insurers communicate with each other. But what they also need to do is work out how those parties communicate to investors. Selective disclosure is not enough.”
