
Household insurers’ losses exceed £300m for 2007
Household insurers’ take big hit
The household insurance market incurred losses in excess of £300m in 2007 according to estimates made by Datamonitor. The June and July floods are estimated to have cost insurers around £3bn and when added to the other claims made throughout the year for theft, fire and subsidence, Datamonitor estimates that gross household insurance claims costs were in excess of £4bn.
While a proportion of this cost will be passed to the reinsurance industry, the bill for
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Management
Most read
- Aviva enters exclusive discussions to buy Azur’s HNW operation
- RSA re-jigs leadership team to bring customer operations and claims together
- Blog: Nine ways to reduce risk in tech firm contracts
- FCA speeds up permission removal process
- Michael Gove slams "neither fair nor decent" high premiums for leaseholders
- Zurich to sell Russian business to local team and exit market
- Gallagher to rebrand Coleman Marine