Russell Hutchinson Opinion
Has regulation halved the value of your business?
Tuesday 23rd of November 2010
I always reckon that the right price for an asset is the one that clears the market: that means the price at which willing buyers and willing sellers will do a deal. So, I actually keep tabs on the prices of client bases for valuation work that we do. A couple of calls had yielded some recent transaction figures. These were multiples of renewals for life and personal lines books. The range was...
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