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Proceeding contribution from Liam Byrne (Labour) in the House of Commons on Wednesday, 21 October 2009. It occurred during Opposition day on Equitable Life.


Equitable Life

In essence, relative loss is about losses that are suffered by policyholders once one has stripped out factors such as market movements, and disproportionate impact is about the effect of those losses on policyholders. As I said in an earlier answer, those are questions on which we have asked Sir John’s advice, and I will bring those conclusions back to the House at a later stage.


Secondary information

Type
Proceeding contribution
Reference
497 c935 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Compensation Insurance companies Equitable Life Assurance Society Maladministration Parliamentary Commissioner for Administration Regulation Government responses Equitable Life Ex-gratia Payment Scheme Review Ex gratia payments
Link
View this Proceeding contribution on www.publications.parliament.uk