UK motor insurance records worst performing year in a decade in 2022: EY

Share!

Reinsurance News - Jun 26, 2023

The UK motor insurance market witnessed its worst performing year in a decade in 2022, with further losses expected to take place this year. After the market experienced a profitable year in 2021, when the sector recorded a Net Combined Ratio (NCR) of 96.6%, motor insurers would go on to witness an...

Read Full Article

Recommended Articles

Capgemini report finds physical AI expected to scale within five years despite deployment barriers

Posted: Apr 16, 2026

Capgemini Research Institute, the research division of the Capgemini, has published the report Physi...

Beazley plans new Marine War insurance consortium to expand market capacity

Posted: Apr 16, 2026

Beazley, a large specialist insurer, has announced plans to establish a new Marine War insurance con...

Marsh CEO Doyle ‘pleased’ with Guy Carpenter’s execution in Q1’26 in spite of headwinds

Posted: Apr 16, 2026

John Doyle, President and Chief Executive Officer (CEO) of global insurance and reinsurance broking...