Taking the pulse of PMI
With a growing population and challenges ahead for government spending Emmanuel Kenning asks what the future holds for the PMI market.
The latest figures from the Association of British Insurers state that only 12% of the population (7.3 million people) is covered by some form of private healthcare cover. The figure represents a record level but there remains clear scope for the market — currently worth nearly £3.5bn in annual earned premium — to expand further. This is particularly the case as the rate of increase in investment in the National Health Service is unclear, despite both the Labour and Conservative parties being
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