Home premiums fell in Q1 2015
Average cost of home insurance premiums down by 3.6% as a result of benign weather.
The average premium for a new home insurance policy dropped in the first three months of 2015, according to the latest AA British Insurance Premium Index.
The index shows that the average quote for a combined home buildings and contents insurance policy fell by 3.6% or £6 to £158.66.
In addition, the cost of a buildings policy fell by 3% to £112.74 and the cost of a contents policy dropped 2.3% to £60.28.
Premiums have continuously fallen over the past 12 months, with the average cost of a
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insurer
Biba 2025 Countdown: Granite’s Alistair Rose
Alistair Rose, managing director of Granite Underwriting, talks up the merchandise on its stand, recommends Manchester Art Gallery as a calm place to reflect on the Biba buzz, and highlights an emergency snack stash as essential to get through the two days.
Markel becomes Biba partner
The British Insurance Brokers’ Association has welcomed Markel as an official partner.
Schemes and HNW help drive Q1 premium growth at Hiscox
Hiscox has hailed “very strong” schemes growth and double-digit expansion in art and private client business as the UK retail arm posted a 4.4% premium rise in the first quarter of 2025.
No new FCA skilled persons investigations into insurance in final quarter
The Financial Conduct Authority did not commission any skilled person reports in the insurance sector between January and March, leaving the running total for the 2024/25 financial year at 10.
Biba 2025 Countdown: Coalition’s Tom Draper
Coalition UK managing director Tom Draper looks forward to filling an extra bag with Biba swag and giveaways; explains why Oasis’ Stand By Me sums up the event perfectly; and explains how it will be supporting brokers with relevant, real-world content on its stand.
Aviva Health boss Steve Bridger takes claims role as Waseem Malik exits
Aviva has appointed Steve Bridger as chief claims officer for UK and Ireland general insurance, replacing Waseem Malik, who has left the business.
Biba 2025 Countdown: Beazley’s Sam Franks
Sam Franks, country manager and head of partner engagement for the UK & Ireland at Beazley, promises plenty of pink and underwriters on its stand; offers advice about how brokers can differentiate themselves from their peers in the market; and looks forward to being energised and reconnected after the event.
People Moves: 22 – 25 April 2025
Follow the latest personnel moves in insurance.