UK non-life run-off dips 14% in 06
The 2006 underwriting year saw the UK non-life insurance run-off market contract by 14% according to the findings of the KPMG/Associaiton off run-off companies (ARC) run-Off survey 2007.
The survey found that management of existing run-off portfolios, absence of new run-offs and the weak US Dollar combined to bring down total estimated liabilities in the UK non-life run-off market
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