Motor price rises 'inevitable' as EY forecasts a return to loss-making in 2014
Motor insurance underwriting in 2014 will return to being a loss-making product after just one year in the black, according to EY’s annual UK motor insurance results seminar.
EY's forecast for 2014 suggests that in order to reach a net combined ratio of 100%, reserve releases would need to hit unprecedented levels of 14%, and as a result, in the long term premiums will
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