Motor insurance payouts rose faster than premiums in Q2
The Association of British Insurers has revealed that motor insurance pay-outs rose by 29% in Q2, up to £2.5bn, outpacing premiums.
This jump is the highest recorded since the ABI began collecting data in 2013, and a 3% increase on Q1.
Payouts are also increasing at a faster rate than premiums. The data shows the average premium
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