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International Insurance

UK Club defends ‘corrective’ double-digit price hike

International Group affiliate’s 12.5% general increase needed because of unsustainable declining premium rates and escalating pool claims, insurer says

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‘We must be conscious of our continued responsibility to balance the needs of the club’s members and the club’s commitment to sensible and sustainable underwriting and financial planning,’ says chief executive

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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