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Esure's Peter Wood admits 'disappointing result' as insurer sees a loss of £15.4m for 2018

Peter Wood 2019

Motor-heavy Esure faced a “disappointing” year that saw claims costs mount and its solvency coverage ratio dip.

Esure’s combined operating ratio hit 111.8% for 2018, from 96.7% the previous year.

It saw a loss before tax of £15.4m, compared to a £98.6m profit before tax in 2017.

Esure also saw its solvency

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