UK motor market not seeing 'sustained recovery in prices'
Despite investor hopes of a hardening market for UK motor, no insurer is making the level of losses needed to spark “a sustained recovery in prices”, according to research from Exane BNP Paribas.
While UK motor insurers have been top performers on the back of hopes of rate increases, recent signs of pricing stability do not signal an improvement in profitability, the report warned.
Admiral's
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