Five of the seven classes of business covered by the figures show that average premiums declined. Combined liability and property owners were the biggest fallers, while only commercial vehicle and tradesman increased. The commercial broking index which measures premiums across key lines in a typical broker’s book of business (see above) was down 2.8% compared to the same time last year. The figures emphasise the consistent theme of a squeeze and competition across the market.
- Major brokers caught up in FCA aviation probe
- Coversure promotes Bob Darling to group CEO as John Hooper takes on a chairman role
- rhg Insurance Brokers switches from SSP to Applied Systems
- Broking Break: Your top five of the week
- Carole Nash buys Cornmarket’s motorcycle book in Ireland
- Video: Stoke Regional Review Part 1
- ABI supports shelving of whiplash reforms ahead of general election