Motor insurers record first profit in 20 years, claims EY
The motor insurance market has recorded its first underwriting profit since 1994, according to figures released by EY this morning.
The big four accountancy firm said that UK motor insurers recorded a net combined ratio of 98.5% in 2013, a 3.9% improvement on 2012.
The figures exceed previous claims from Deloitte that only the
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