The general insurers are creaming it. Their premiums are up, profits are up, and share prices are at three-year highs.
They’re also not being as generous with suppliers, the people they pay to fulfil claims, which smash repairers say is a big reason why their industry’s revenue is still more than 10 per cent below pre-pandemic levels.
Loading...
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
