Net combined ratio for motor insurance to rise to 104% this year
Motor premiums have risen to £13.9bn but the sector remains a loss-maker for many insurers, according to figures from Deloitte.
The headline net combined ratio for the market in 2015 was 102%, up from 101% in 2014. Deloitte believes the NCR will further increase to 104% this year.
That's despite premiums rising by 5% or £0.7bn
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