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New Motor Insurance Report

Motor Insurance Market Declines by 8% because of COVID-19 In 2019, IRN Research estimate the motor insurance market generated gross written premiums (GWP) of just over £14 billion, a rise of around 2% over 2018.  Given the impact of COVID-19 on the market, IRN expect GWP to decline by 8% in 2020.  Key factors behind this decline were premium rebates given to customers by some...

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