Esure profits and premium shoot up in 2017
Surge in motor policies at insurer.
Esure has posted a 25% rise in gross written premium (GWP) to £820.2m for 2017.
The provider’s inforce policies went up 9% to 2.4m as pre-tax profit jumped by a third to £98.6m.
The combined operating ratio also improved from 98.8% in 2016 to 96.7% last year.
The breakdown of the figures showed that inforce motor policies were up 18% to 1.9m while home policies actually reduced to 478,000.
Accordingly, GWP in motor leapt by 30% to £734.3m.
CEO
The results were for the first full year since
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