Insurance Brokers' Monthly and Insurance Adviser, January 1st, 2003
BROKERS' MONTHLY
Money Matters
The adverse impact of rating reductions can be less obvious in the early stages
It was my recent pleasure to enjoy an in-depth discussion on the current motor scene with Jack Brownhill, motor underwriting director at Groupama Insurances. We started by looking at the peaks and troughs on the graph representing motor market profitability for the past 15 years or so.
There's no denying that underwriting results for motor insurance have been pretty dire over quite a period of time, he says. "To be honest, I am not sure how many insurers have traditionally focused...
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