Lloyd's, the world's leading marketplace for insurance and reinsurance, today announces its Full Year 202...
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 / 9 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