Peter Skinner Quotes (3 Quotes)

The prudential management approach to risk is where the world is going. Collateral is just simply on the way out as a chief rule, and a chief tool, of regulation. My view is that collateral is just a device to raise costs, and to turn a blind eye to the potential risks of reinsurance failure.

This is not to say that standards have been dropped, and in some areas they've been toughened up. There are tougher rules, for example, in the areas of solvency margins, and there is a new committee to bring all those regulators together.

Operators today are constantly looking for ways to lower costs, while at the same time developing more environmentally friendly processes that their customers are demanding. This is an innovative approach from Orange and a service that Greenwoods Communications is looking to develop to meet growing operator demand for recycling, instead of writing off equipment.