Tepid waters

After experiencing booming sales figures in 2005, the group private medical insurance (PMI) market saw slightly more conservative results last year. According to statistics released by the Association of British Insurers last month, the number of corporate subscribers rose from 2.25 million in 2005 to 2.35 million in 2006. Experts, who last year called for caution following the positive sales figures, have been proven correct as the market is stalling because many employers believe the cost of group PMI is just too high. Adrian Humphreys, managing director of corporate clients at WPA, say...