NFU has defended its record on motor, after an actuaries report revealed it as one of the worst performers across the whole industry last year.
An Ernst and Young motor report reveals that NFU’s net combined ratio deteriorated from 130% in 2009 to 135% in 2010, compared to a market average of 116.4%.
However, NFU stressed its performance was affected by some underlying factors.
A spokesman said: “The doubling of our mutual bonus scheme had a significant impact on our net combined ratio in 2010.
“Each year, the scheme rewards our members with discounts to their premiums and, as 2010 was our centenary year, many of our members received a double bonus of up to 20% of their premium.
"Our net combined ratio for motor in 2010 was within the margins we had expected and better than the industry average.”
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