Despite premium rate increases in some non-life lines of business in the UK during 2015 and the first half of 2016, the benefit was largely offset by a combination of higher claims, an increase in the level of insurance premium tax (IPT) and levies for Flood Re, according to AM Best.
To continue reading, you need a subscription to Intelligent Insurer. Start a subscription today for £655.
In-house feature articles, the archive and expert comment require a paid subscription. Subscribe now.
Want to give it a try? We are offering a two week free trial to the Intelligent Insurer website – register and select “Two Week Free Trial” to begin access to the full Intelligent Insurer archive and read the latest news, features and expert comment. Begin your free trial here.
Is your 2 week free trial about to end? Upgrade to a 12 month subscription for £655 now.
If you have already subscribed please login.
If you have any technical issues please contact support.
Non-Life Insurance, UK, Europe, Profitability, Brexit, EU Referendum, Property, Motor, Liability