WORK ACCIDENT STATS
April 1st, 2004
BY KEITH NUTHALLRELIABLE statistics are of course vital to any insurance company's assessment of risk, and nationally produced figures in countries such as Britain and the USA can usually be counted upon in actuarial calculations. But what about comparing countries when managing international policy portfolios? That is when the real problems start.Eurostat, the European Union's (EU) statistical agency, has been in the news in the past year, for mostly the wrong reasons, with a painful maladministration and fraud inquiry moving towards a difficult conclusion. But ...
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