Motor insurers will remain profitable until 2007, claims report
UK motor insurers were able to sustain profit for a second year in 2002 after four years of loss making, according to motor insurance industry analysis by professional services firm Deloitte.
Deloitte predicts that the industry has entered a period of cruise control and many insurers can expect to remain profitable until 2007.Despite a continued improvement in the loss ratio in 2002
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