Car Insurance Must Rise As Pounds 800m Losses Loom ; City Briefing
Evening Standard - London › August 11, 2005
Linked as:
Summary
INSURANCE companies face a staggering Pounds 800 million loss on car policies this year as stiff competition means premiums have failed to keep up with the spiralling cost of claims.
Influential research today predicted the Pounds 9 billion-a-year insurance industry will see claims and expenses payouts of Pounds 109 for every Pounds 100 of premiums taken in 2005.See the full content of this document
Extract
Car Insurance Must Rise As Pounds 800m Losses Loom ; City Briefing
Although insurers offset underwriting losses by investing the premiums, EMB Consultanc...
See the full content of this document
Sponsored links
