Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Brit says rates steady to decreasing over most lines

Sarah Veysey

April 24, 2007 Reprints

P/C Insurers More + Less -

LONDONBrit Insurance Holdings P.L.C. announced that rates for London market business and reinsurance have been stable or have seen slight decreases in the first quarter of 2007.

In a statement ahead of its annual general meeting Tuesday, London-based Brit said that rates for U.K. insurance business had continued to soften during the first three months of 2007.

"The overall outlook remains positive, though market conditions remain challenging in the United Kingdom, with the overall trend towards a softening market," the insurer said in a statement. "Brit Insurance maintains its strategic targets, but will not pursue growth at the expense of profitability and shareholder value," it added.

Help

Brit says rates steady to decreasing over most lines

Readers Poll

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources