UK Motor Insurance Tipped Back into Loss by 2026: EY Analysis
LATEST INSURANCE NEWS: The UK motor insurance sector is navigating a volatile “rollercoaster” of profitability. After a brief return to the black in 2024, new projections from EY suggest the market will slip back into underwriting losses by 2026. This shift is primarily driven by a “perfect storm” of softening premium rates and relentless claims…