In a new quarterly study based on statistics supplied by technology provider Acturis, Insurance Age has looked at nearly £4bn worth of commercial insurance premiums to find the key trends affecting brokers and insurers alike. Using a base line of figures from the second quarter of 2007, it shows movements over three months as well as year-on-year developments.
Of the five indices covered in our first Acturis report, four saw rises in the second quarter of 2011 and, as co-chief executive officer of Acturis, Theo Duchen says: "You often hear in the press that companies are increasing their rate, but what counts for a broker is often average premium as that drives their income. The research brings clarity and objectivity."
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