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UK motor market chalked up collective loss of £31m in 2014

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UK motor insurers continued to struggle in 2014, posting a collective loss of £31m, according to analysis by the Association of British Insurers.

Releasing the latest edition of its ‘Key Facts' document, the ABI added that the motor insurance industry last made an underwriting profit in 1994.

According to the analysis, the average annual motor

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