UK Auto Market 'Saturated' as Claims Rise Says Towers Watson Study

  Thursday, September 30th, 2010 Source: Insurance Journal

The cost of injury claims in the UK car insurance market has grown recently by nearly 30 percent per annum concludes a study, based on industry data, compiled by Towers Watson (TW). TW also noted that the findings were further supported "from the Actuarial Profession's working party," and that "expense ratios and challenging many insurers' future profitability."

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