INSURANCE

摘要

A. The papers and other media are full of articles predicting gloom and doom although many of my clients continue to buck the apparent trends in the retail sector and are holding their own or increasing turnover. Previous economic downturns have evidenced an increase in insurance claims especially property and legal liability claims. These can partly arise from a lowering of standards in such areas as risk management with cost cutting leading to incidents that would not otherwise have occurred. The Institution of Occupational Safety and Health (IOSH) has said: "We recognise it may be tempting for firms to cut corners on health and safety to save money but that choice will not only result in human tragedy but also have a major impact on the business's bottom line."