Insurance Age

Latest statistics from IUA

Latest statistics from the International Underwriting Association of London (IUA) showed a positive ...

Latest statistics from the International Underwriting Association of London (IUA) showed a positive cashflow of more than £2.5bn in the London company market for the year 2003. This equates to an increase of more than £0.5bn on the previous year and nearly 10 times greater than the 2001 result. Premiums of £5.56bn were processed by the Ins-sure bureau during the year, up from £5.47bn in 2002 and £4.20bn in 2001. Meanwhile, total claims processed were £2.89bn, declining from £3.55bn in 2002 and

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