Insurance insolvencies doubled in May
Some eight firms collapsed during the period, markedly up on just four falling insolvent in May 2012, according to the latest UK business insolvency figures from Experian.
The report found that 0.07% of the insurance business population failed, an increase on the 0.03% surveyed for May 2012.
Overall, of the UK's five biggest industries, hotel/leisure and building/construction were the most improved with insolvency rates falling from 0.16% and 0.18% in May 2012 to 0.11% and 0.14% respectively.
A
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.
Copyright Infopro Digital Limited. All rights reserved.
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]
Copyright Infopro Digital Limited. All rights reserved.
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]
More on Insurer
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Kingfisher hits Fresh sellers with allegations of deceit
- Barbon Insurance Group bought by PIB
- SME specialist Ballantyne Brokers launches
- Broker Exchange: Regulation deluge impacting some brokers’ survival chance
- Brunel Insurance Brokers buys Coventry broker
- Geo Underwriting moves into the captive market with latest acquisition
- Broker Exchange: Hard market issues exacerbated by "rowing back"of local decision making