Fortis UK: too early to estimate July weather-related losses

Insurance Age staff
01 Sep 2007

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Fortis UK has described the commercial market as "sluggish", as it unveiled a 14% increase in gross written premium (GWP) for the first six months of 2007 to £383m.

The insurer reported a 24% increase in GWP in its motor account, giving it £236m worth of business and coverage on 1.6 million cars, despite implementing average rate rises of 7% since January.

Chief executive officer Barry Smith said that the result was down to a combination of issues, including the continued development of its multi

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.

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]

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]