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International

UK mutual insurers' premiums rise 10%: Report

November 24, 2017 Reprints

A report by U.K.-based International Cooperative and Mutual Insurance Federation found that local mutual insurers' premiums grew 10% last year as they outperformed the rest of the insurance market, Coop News reported. Aggregate premiusm grew to £19.6 billion ($26 billion) in 2016 compared with £17.8 billion in 2015, Mutual insurers’ total market share has almost doubled in the past decade to 8.7% in 2016 from 4.4% in 2007.

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UK mutual insurers' premiums rise 10%: Report

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