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Eagle Star hit by property slump

Eagle Star hit by property slump - 1991 - Sunday Telegraph 6/1/91 p27 .

A dramatic increase in the level of pay-outs on policies insuring banks and building societies against falling property values has caused Eagle Star to stop writing them for residential and commercial property development .

Subjects--Topical Terms:
HOUSE BUILDING
INVESTMENT
MARKET
RECESSION
SLUMP

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