Household market predicted to strengthen

The prediction came as a survey by the business advisory firm identified escape of water, floods and storms as the risks that most concerned home insurers.

Deloitte also said its analysis showed that the household insurance market would reverse its losses in 2010 to make an underwriting profit for 2011.

James Rakow, insurance partner at Deloitte, said: "In 2010 the insurance industry was hit hard by the extremely cold weather that Britain experienced in December that year, and the additional