Accountants’ and auditors’ PI premiums continue to fall
The results of the latest Willis Index survey of the UK professional indemnity insurance industry for the third quarter of 2005 show the market continuing to maintain competitive, especially in the small to medium firm sector. Average premium reductions for primary layers with limits of indemnity up to £5m are continuing to vary between 5% and 25% year on year.
The Willis Index, a quarterly newsletter looking at non-US companies, surveyed the UK PI insurance market asking Accountants’ & Auditors’ PI insurers their thoughts on the past three and next threeOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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