ARC: UK run off sector in decline as Continental Europe interest rises
The downwards trend in UK run-off liabilities continued as total liabilities of the UK non-life run-off market fell to an estimated from £28.3bn at the end of 2007 from £32.7bn at the end of 2006, according to research released today.
However, ARC's annual report added continued growth in the Continental Europe with 63% of insurers now class dealing with run-off as a priority for senior management.
Other significant developments in
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