Specialist motor syndicate ERS reported a £3.1mn ($3.7mn) profit in the first half of the year but made an underwriting loss after the UK government’s smaller-than-expected increase to the Ogden discount rate.
Specialist motor syndicate ERS reported a £3.1mn ($3.7mn) profit in the first half of the year but made an underwriting loss after the UK government’s smaller-than-expected increase to the Ogden discount rate.