AA sees decline in motor policyholders

AA Personal Finance has reported an 8% increase in turnover to £186m despite a slight drop in motor policyholders for the 12 months ended 31 December 2002.

The company had 952 000 motor and 693 000 household policyholders at the end of the year compared to 959 000 and 664 000 at the end of 2002.

AA Personal Finance reported a 82% insurance retention rate

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