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Motor insurers urged to aim for profit

company-car

Motor insurers need to do more to improve profitability and return their collective underwriting loss back to the black.

UK motor insurers have seen greatly improved financial results in 2011, but Deloitte reported that insurers posted a net combined ratio of 106% in 2011, meaning that the combined cost of claims and

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How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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