Household market moves back into black.
The household market moved back into the black in 1999, following losses of over £350m in 1998, acco...
The household market moved back into the black in 1999, followinglosses of over £350m in 1998, according to Bacon & Woodrow.
In its recent report on the market, the consulting actuary says the
improvement has been achieved due to a combination of "moderate" premium
increases and improved claims experience following better weather.
The report predicts that buildings insurance premiums will see a modest
increase because insurers are still not charging enough to cover the risk
of severe storms and
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