Storm Australian Severe Weather Forum

Storm News and Media Headlines => Storm News and Media Headlines => Topic started by: ustraliasevereweather on 20 December 2008, 01:06:08 AM

Title: Hailstorms Daily Telgraph Weather wipes 20pc off insurance profits
Post by: ustraliasevereweather on 20 December 2008, 01:06:08 AM
Weather wipes 20pc off insurance profits
     


INSURANCE companies are likely to suffer future declines in gross written premiums as the economy softens, after 20 per cent was wiped off the industry profitability in fiscal 2008.
     

http://news.com.au/dailytelegraph/story/0,,24317948-5001028,00.html