UK motor ins. sector posts record results
Friday, 06 29 2018, Category: Insurance and Reinsurance, Country: United Kingdom
The UK motor insurance market has reported a net combined ratio (NCR) of 96.8 percent in 2017, the best result since 1994 and the second best since records began, according to EY’s Annual UK Motor Insurance Results.
The 2017 results compare to 109.4 percent NCR the industry reported in 2016.
Source: Intelligent Insurer