Majority of underwriters expect motor premiums to rise by spring
Some 92% of underwriters expect motor insurance premiums for UK companies to increase in the first q...
Some 92% of underwriters expect motor insurance premiums for UK companies to increase in the first quarter of 2009, according to Aon's new quarterly index, Market Pulse.
The index tracks UK underwriters' premium predictions for property, liability and motor fleet insurance. The insurers surveyed underwrote £23.5bn worth of premiums for UK companies in 2008.
Movement in motor fleet premiums is a strong indicator of how other types of insurance are set to follow. Aon's research supported this
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