Market Results 2007 - Spiralling out of control
The UK property insurance market experienced a dramatic fall in profit last year following a period of relative prosperity, with the £3bn lost during the summer floods having a massive impact. Lynn Rouse reports
With the £3bn insurance bill from last year's floods a much-quoted fact throughout 2008, it will come as no surprise that the UK property market plummeted into unprofitability last year. The headline
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