Boisseau urges insurers to heed big freeze wake-up call
Groupama Insurances' chief executive has claimed the December freeze ought to have been "a wake-up call" for the insurance industry and claimed that Association of British Insurers' £1.4bn loss estimate is an "underestimation".
According to Fran√ßois-Xavier Boisseau, losses are likely to exceed £1.5bn — excluding motor — and he has called for significant rate rises in household insurance during 2011.
He told Post: "We need
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