Report comment

Personally speaking I now think that it was s.39 SA 1974 and compulsory PII cover combined with the run-off rules, which has made so many, especially small, firms very vulnerable to take overs. I know of one which was hawking itself around for 'sale', the only consideration required being an indemnity for future run off premiums.

Great, isn't it, after a lifetime's hard work you've nothing you can sell...