Friday, November 17, 2017

UK motor insurers prepare to break-even after Government's lump sum seesaw

UK motor insurers will see their profitability break-even this year despite facing combined losses of £3.5bn only a few months ago, according to estimates from consultancy EY. The Government is looking to scale back on its plan to cut the so-called Ogden rate, used to calculated severe personal injury ...

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