UPDATE 1-Hastings warns on loss ratio as claims cost continues to bite
Hastings Group said on Friday
the insurer’s annual loss ratio may move above its target range
if the cost of claims continue to increase in a highly
competitive UK motor insurance sector, that is also facing a
regulatory clampdown on prices.
the insurer’s annual loss ratio may move above its target range
if the cost of claims continue to increase in a highly
competitive UK motor insurance sector, that is also facing a
regulatory clampdown on prices.
Posted by Reuters
