Motor premiums to rise 16% over the next two years
EY has predicted the UK motor insurance market is set to continue making a loss over 2026 and 2027, with premiums set to increase by 16%.
Following a profitable 2024, with a net combined ratio of 98%, the market fell back into the red in 2025. EY estimated a final NCR of 102%.
It said greater losses are anticipated this year, forecasting
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