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Allianz CEO calculates Brexit cost for UK motor insurance

Brexit

Colm Holmes, CEO of Allianz UK, said the insurance industry has done a poor job on explaining how Brexit pushed up the price of motor insurance in the UK, saying claims costs here are double that of Germany.

Speaking at the Association of British Insurers conference today (27 February), Holmes said his company had calculated today the UK average car collision costs £6,000 to fix compared with £3,000 in

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