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Motor market tipped to make profit for first time in 15 years

A new report by independent market analyst Datamonitor reveals that the UK private motor insurance market could finally make a profit in 2009 after 14 years of unprofitability.

Under Datamonitor’s neutral forecast the UK private motor insurance market is expected to make a loss this year but move into a profit of approximately £30m in 2009 as premium income will grow at a

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FCA’s Reynolds outlines insurance priorities

Graeme Reynolds, director of competition and interim director of insurance at the Financial Conduct Authority, takes centre stage in the latest Insurance Post Podcast, setting out the regulator’s key priorities for the market.

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