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Insurance Business | 08 Nov 2016, 08:34 AM Agree 0
Companies believe costs are disproportionate and weigh heavily on the system
  • Michael Carroll | 08 Nov 2016, 03:04 PM Agree 0
    I'm not sure where the "super-profit" figure of 19% has come from but imagine that this is a gross figure which would include admin & reinsurance costs. It would be interesting (& I imagine embarrassing for the legal community) to see what proportion of total costs go to legals ? My suspicions are that the 19% "super-profit" margin would be surpassed.
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