Esure 2015 profits fall on higher loss ratio

Underlying profits before tax at UK-listed motor specialist
Esure fell 22.7 percent to £82.9mn ($117.7mn) in 2015 after
deterioration in the firm's loss ratio pushed its combined
ratio up.
The results were broadly in line with analysts'
expectations.
Esure's group combined ratio deteriorated by 5.9 percentage
points to 97.8 percent, driven by a 6 point increase in the loss
ratio to 74 percent.
The loss ratio deterioration stemmed almost entirely from the
motor portfolio, where the loss rat