UK motor COR improves but premiums expected to fall in 2013
The UK motor market saw its collective combined ratio improve slightly to 105% over the course of last year, but Deloitte has warned the market is only likely to become more competitive.
The COR figure represents a 1% improvement on 2011, but overall premiums in the UK market declined by £200m to £13.1bn.
According to Deloitte figures, the fall comes off the back of two years of
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