Am Best commentary - A pause for thought
Last year insurers offset losses incurred from floods and storms with reserve releases and investment income to ensure they produced a profit. They may find it trickier now overall economic conditions are less favourable, suggests Miles Trotter
The year 2008 is likely to be challenging for insurers in the UK, even if catastrophe experience in the final months of the year is favourable. Underwriting margins will continue to be squeezed in
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