Motor TP price hike delay
No TP price hike for fifth consecutive year; industry loss ratios may remain under pressure.
Go Digit General · risk themes across the available quarters.
Bear-case history
No TP price hike for fifth consecutive year; industry loss ratios may remain under pressure.
Company's EUM is above peers due to business mix; regulatory action on expense management may impact growth.
Net loss ratio in fire increased due to two large claims; gross ratio stable but net impacted by reinsurance costs.