Late-2000s recession: Insurance

A February 2009 research on the main British insurers showed that most of them do not consider officially to rise the insurance premiums for the year 2009, in spite of the 20% raise predictions made by The Telegraph or The Daily Mirror. However, it is expected that the capital liquidity will become an issue and determine increases, having their capital tied up in investments yielding smaller dividends, corroborated with the £644 million underwriting losses suffered in 2007.