Motor drives combined operating ratios down but it’s not all one way traffic

traffic-cars-motor

The half year results season has revealed many improved combined operating ratios among insurers (see right) with rate rises in the motor market taking the credit. The commercial market hardening, conversely, does not appear to be any nearer.

Evidence of market hardening in motor was clear in the results of the UK’s largest motor insurer RBS. While it did not manage to break through the 100% combined operating ratio (COR) barrier the insurer did report a £206m operating profit for the first half

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: