Novae sees rates fall 6% in first quarter
Lloyd's insurer Novae this morning reported gross written premium during the first quarter: had fallen slightly to £88.5m (Q1 2007: £89.1m)
The business added it had seen an average rate reduction of 6% on business renewed in quarter one.
Group chief executive Matthew Fosh said: 'As the market continues to soften, we are reducing like-for
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