Motor Insurance premiums set to rise

Insurance Age staff
01 Sep 2007

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Motor insurance premiums in the UK are set to rise by around 10% in the coming year, according to a report by EMB. Despite widespread public feeling that premiums were already too high, researchers found that motor insurers were not charging sustainable premium rates, particularly for private motor. The conclusion is based on EMB's annual review of the returns that all insurers in the UK make to the Financial Services Authority. The findings also revealed that the £10bn market was only able

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