The drive for stability
The motor sector has had a rough ride lately, with losses of £5bn over the last seven years. Many believe it is up to the insurance industry to break the volatile underwriting cycle and bring certainty to the market's long-term future. Jonathan Swift reports.
Last year, ratings agency Standard & Poor's said the UK motorinsurance market had suffered underwriting losses of more than £5bn in
just seven years, adding that a brief return to profit by year
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