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Last Year’s Car Insurance Loss Ratio 87%, Highest Since 2020

Last Year’s Car Insurance Loss Ratio 87%, Highest Since 20201+ day, 3+ hour ago   (257+ words) Major non-life insurance companies" car insurance loss ratios failed to escape the deficit zone throughout last year. Particularly in December last year, the loss ratio soared as seasonal factors such as heavy snowfall and icing were added. The cumulative loss…...