The latest EY Reimagining Industry Futures Study confirms generative AI's (GenAI) status as a breakthroug...
UK motor insurers expect 2023 to be worst performing year since 2010
EY’s UK Motor Insurance Results reveals a net combined ratio (NCR) of 114.6% is now forecast for motor insurers in 2023 – up from 108.5% forecast in June.
EY’s UK Motor Insurance Results reveals a net combined ratio (NCR) of 114.6% is now forecast for motor insurers in 2023 – up from 108.5% forecast in June.
Article / 4 months ago
UK motor insurers report worst performing year in a decade in 2022, with further losses expected this year
UK motor insurers reported a loss-making Net Combined Ratio (NCR) in 2022 of 109.5%, driven by high inflation and lagging premium increases
UK motor insurers reported a loss-making Net Combined Ratio (NCR) in 2022 of 109.5%, driven by high inflation and lagging premium increases
Article / 10 months ago
UK motor insurance market to record profit in 2020 due to COVID-19 lockdowns - but loss expected in 2021
2020 is now predicted to have a Net Combined Ratio (NCR) of 93.8% (improved 1% vs EY’s previous June forecast)...
2020 is now predicted to have a Net Combined Ratio (NCR) of 93.8% (improved 1% vs EY’s previous June forecast)...
Article / 3 years ago