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Motor Insurance Premiums

Volume 972: debated on Monday 22 October 1979

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asked the Secretary of State for Trade what study he has made of recent increases in motor insurance premiums; and if he will make a statement.

None. Motor insurance premiums, like other insurance premiums, must be fixed by insurers in the light of underwriting experience, thus taking account of the cost of claims and the need for insurers to maintain solvency margins.