Bleeding motor insurers find novel ways to stem losses
General insurers, which have been in losses for much of the last decade, are working out novel ways to boost their income, including charging higher premium for those who park their cars in open, and from those who are in field jobs such as sales. Read more
If general insurance companies have their way with the regulator, your accident insurance claim will be rejected if a friend rams your car. It may well be curtains for people taking joyrides in friends’ cars.