Government statistics show that over the last 12 months or so, wage inflation has been around 2%. As...
Government statistics show that over the last 12 months or so, wage inflation has been around 2%. As we all know statistics are a collection of items or values which are more often than not aggregated together to arrive at an average figure. So it is with salaries in the insurance sector. We are seeing an array of mini trends ranging from salaries being driven down in some sectors, to significant increases in other areas. What is really happening? Salaries continue to rise less quickly in the general insurance sector. In personal lines there has been very little movement. This is in som...
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