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Oxbow predicts stable motor profit over the next few years

Piggy bank car

Oxbow Partners has predicted the UK motor insurance market will continue to be profitable in 2026 and 2027, albeit with close margins.

For 2025, Oxbow has reported a record year for underwriting profit despite the reduction in prices for customers.

It said that the average premium reduced by around 9% (more than Oxbow’s prediction of

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