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KM Financial Solutions | UPDATE 1-Hastings warns on loss ratio as claims cost continues to bite
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UPDATE 1-Hastings warns on loss ratio as claims cost continues to bite

24 Oct UPDATE 1-Hastings warns on loss ratio as claims cost continues to bite

Posted at 07:07h in News by
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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.

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