One in five London insurers ‘materially reliant’ on investments to turn a profit says PWC
20% of London market insurers will require solid investment returns in order to record a profit through to 2015, according to PWC, who point to a continued abundance of capacity dampening rate increases.
According to a study from the consultancy, London insurers are assuming an average combined ratio of 97% for 2015.
Nonetheless, rates are predicted to fall across many lines, with only aviation
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