UK insurers fall behind other sectors despite profits rise
UK insurers' profits per customer have more than doubled since last year but, despite this recovery,...
UK insurers' profits per customer have more than doubled since last year but, despite this recovery, they still lag behind other financial sectors, according to a survey of the top 20 insurers.
The research, conducted by Pitney Bowes Group 1 Software, showed that UK general insurers generated £35.10 profit per customer in 2006, up 51% from £23.20 in 2005.
The survey found that the general insurance industry delivered the highest growth in profit per customer but the lowest absolute return per
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