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Covéa boss fears CMA 'failure' on credit hire will increase costs in 2015

James Reader

The Competition and Market Authority’s failure to take action on credit hire costs following its private motor report last year risks spurring claims inflation, according to Covéa Insurance CEO James Reader.

Discussing trends in the motor market, which could impact profitability in 2015, Reader, pictured, said: "The failure of the CMA to tackle issues around credit hire and credit repair costs is a real

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