The stats: December 2016 - The Acturis Premium Index

Five of the seven classes of business covered by the figures show that average premiums declined.

Combined liability and property owners were the biggest fallers, while only commercial vehicle and tradesman increased.

The commercial broking index which measures premiums across key lines in a typical broker’s book of business (see above) was down 2.8% compared to the same time last year.

The figures emphasise the consistent theme of a squeeze and competition across the market.

Perhaps most worry