ERS sees H1 CR climb to 102.8% as Ogden changes bite

ERS H1 results

Troubled motor-focused Lloyd’s insurer ERS booked  a combined ratio of 102.8 percent in the first half of this year – compared to 96.6 percent in H1 2018 – as it pointed towards the UK Ministry of Justice’s (MoJ) decision to alter the Ogden rate as a contributory factor.

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