Revenues from sale of automobile insurance in 2015 ended seven years of dropping without respite. Nonetheless it offers regained pulse billing will not, at all, that the bouquet will earn even more. The strong commercial fight to appeal to and retain clients has bypassed extra nut strangled and margins estimates because of this 12 months remain promising result.
An indicator of the problem provides business offer: 60 percent of the firms instead of earning money detract from the specialized lead to this class, ie, the produced unique marketing policies, excluding the benefit from financial operations or outstanding. Or, what it’s the same, the rest of the 40 percent providing 106 percent. The estimate corresponds to the ICEA figures support sector whose CEO José Antonio Sánchez, believes enough time has arrive “to prioritize profitability over overall performance,” “adjust rates” to fact, even with the task involves explaining to the client.
The common profitability of the sector has plummeted from 7.33 to 4.81 % in a single year-measures how companies obtained about the generadas- premiums. The concern is usually that 60 percent aforementioned operators contribute nothing at all to the specialized result, even controlling 48 percent of the business enterprise. The profitability of the rest of the 40 percent to the common scale of 9.77 percent, a threshold that, while leaving both historical digit insurance, compares perfectly with other financial companies are like those operated by banks.
The dispersion between companies is large in the times of perspective organized by ICEA where you put numbers to the strain in the automobile insurance, which does not prevent considerable census work and losses.
The combined ratio, the metric used to calculate performance cars, went into deficit in September this past year with a 101.2 percent. This physique, which shows that the expenses for statements and operating exceeded 1.2 euros to income from premiums, will probably worsen. You can head to 102 or 103 percent this season because costs rise at an increased rate of turnover.
The conviction that the sector fierce price war is something of days gone by is in the overall sense, whatever some companies continue steadily to raise struggle with certain customers which have the area or can compensate with additional classes. A growth in the average high quality, with a transfer of costs to cost and hedge putting greater add the sale of fresh cars can be expected.
The concern is that costs grow more, because accidents will pick up by just increased use of the automobile and personal injury costs have grown to be more costly with the entry into force of the brand new scale. A still picture with identical damage, Unespa expected a rise in promises costs with the brand new prices of 8 percent, various other voices in the sector up to 16 percent.
ICEA limited by 1.2 percent income development by translation of the Level. “We’ll need to refine even more to surf the problem where we are” defended Huertas and warned that the level can engulf all of the technical advantages of doing nothing.
An indicator of the problem provides business offer: 60 percent of the firms instead of earning money detract from the specialized lead to this class, ie, the produced unique marketing policies, excluding the benefit from financial operations or outstanding. Or, what it’s the same, the rest of the 40 percent providing 106 percent. The estimate corresponds to the ICEA figures support sector whose CEO José Antonio Sánchez, believes enough time has arrive “to prioritize profitability over overall performance,” “adjust rates” to fact, even with the task involves explaining to the client.
The common profitability of the sector has plummeted from 7.33 to 4.81 % in a single year-measures how companies obtained about the generadas- premiums. The concern is usually that 60 percent aforementioned operators contribute nothing at all to the specialized result, even controlling 48 percent of the business enterprise. The profitability of the rest of the 40 percent to the common scale of 9.77 percent, a threshold that, while leaving both historical digit insurance, compares perfectly with other financial companies are like those operated by banks.
The dispersion between companies is large in the times of perspective organized by ICEA where you put numbers to the strain in the automobile insurance, which does not prevent considerable census work and losses.
The combined ratio, the metric used to calculate performance cars, went into deficit in September this past year with a 101.2 percent. This physique, which shows that the expenses for statements and operating exceeded 1.2 euros to income from premiums, will probably worsen. You can head to 102 or 103 percent this season because costs rise at an increased rate of turnover.
The conviction that the sector fierce price war is something of days gone by is in the overall sense, whatever some companies continue steadily to raise struggle with certain customers which have the area or can compensate with additional classes. A growth in the average high quality, with a transfer of costs to cost and hedge putting greater add the sale of fresh cars can be expected.
The concern is that costs grow more, because accidents will pick up by just increased use of the automobile and personal injury costs have grown to be more costly with the entry into force of the brand new scale. A still picture with identical damage, Unespa expected a rise in promises costs with the brand new prices of 8 percent, various other voices in the sector up to 16 percent.
ICEA limited by 1.2 percent income development by translation of the Level. “We’ll need to refine even more to surf the problem where we are” defended Huertas and warned that the level can engulf all of the technical advantages of doing nothing.
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