Motor insurance industry expected to show profit.

The motor insurance industry is expected to show a profit in 2000 as a result of strong capital rese...

The motor insurance industry is expected to show a profit in 2000 as
a result of strong capital reserves and rate increases of 20-30%, predicts
Bacon & Woodrow in its latest market report. Recent consolidation means
75% of the company market is controlled by five insurers, the largest
being Royal & SunAlliance with 15%. The report also reveals that those
insurers with a portfolio exceeding one million customers had a 10-point
advantage in their operating ratio. The second tier of insurers have

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