Road to recovery

road

As the recession continues to decimate investment returns, motor insurers are under more pressure than ever to make their books turn a profit. However, while there are tentative signs that rates in the sector are creeping up, claims inflation is also on the rise.

According to Aon's most recent market pulse research, 91% of underwriters predicted an increase in motor premiums in the third quarter, a complete U-turn from earlier in the year when all those questioned stated there would be no

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