AA sees insurance service revenue fall amid flat group revenue
Revenue in insurance services at the AA fell to £131m (2015: £142m) with an increase in customer churn due to higher motor premiums the cause, according to the company’s results for the year ended 31 January 2016.
Policy numbers fell 4.1% at the broker, from 2.16m to 2.07m, while its overall group revenue was flat at £963m (2015: £967m).
Average income per policy also fell, from £66 to £63.
The company's
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