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St Paul raises rates by up to 60%.

St Paul International Insurance Company is set to raise its rates by up to 60%, a move which confirm...

St Paul International Insurance Company is set to raise its rates by
up to 60%, a move which confirms a hardening market.


St Paul's employers' liability, public liability and property cover will
be the worst affected, although the insurer has warned that most business
classes will be affected.


Peter Elliott, marketing manager at St Paul, said: "The frequency and
severity of claims, exacerbated by last year's floods, have made it
necessary to increase rates. There will be increases in most areas but

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