UK private motor insurance market finally returns to profit
After several years of losses, the UK private motor insurance market has finally returned to profit,...
After several years of losses, the UK private motor insurance market has finally returned to profit, according to a new research paper by Millman UK, called Driving for Profit: Review 2003. However, the report states there are signs of falling prices, which could end this period of relative prosperity if not addressed. The findings were based on a study of insurers' financial returns to the Financial Services Authority (FSA) and its predecessor regulatory bodies.
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