The environmental insurance market in London and Europe showed signs of growth in 2006 as insurers say placements increased 100 percent over 2005, according to an insurance brokerage report.
The Willis Environmental Index, released by London-headquartered insurance brokerage firm Willis Group Holdings, said total premium placed in the London and European environmental insurance market is estimated to be in the region of ?60 million ($118 million U.S.), up from approximately ?40 million ($79 million) in 2005.
Environmental insurance involves a variety of coverages for pollution and environmental impairment liability and cleanup.
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