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Reply to anonymous @ 11:29 GMT

You assume correctly I do work in insurance and profits next year will mainly come from investments and the correct legislation regarding the discount rates.
As mentioned numerous times most insurers don't make vast profits from motor insurance and most only stay in the market to try and cross sell between product to bolster books, this is why most insurers no longer deal with pet insurance as its simply a loss making exercise.
The motor insurance landscape in the next 5 years will change completely as its the vehicle that will be insured and not the owner, the owner of the vehicle will decide if they wish to purchase insurance for themselves but the vehicle will be insured by its manufacturer and as such insurers will potentially receive insurance twice for each vehicle new vehicle on the road.
The scrappy of older models and diesels are leading to this point and the outlook is very bright indeed