Crash course
ERS CEO Ian Parker considers the state of the motor market.
The collapse of another offshore motor insurer recently in Enterprise served as an unfortunate, but for me unsurprising, indication as to the current state of the UK motor market.
The fallout follows bleak analysis from both Deloitte and EY published last month concerning the ongoing profitability of the UK motor market.
The former predicted an increase in insurers' Net Combined Ratio to 104% in 2016 from 102% last year.
EY's forecast for an industry NCR in 2016 of 101.1%, was slightly more
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