27 January 2022 - trading update

The specialist in products and services for people aged over 50, has provided an update on trading covering the period from 1 August 2021 to 26 January 2022.  Insurance performance in line with expectations.  Motor and home policies in force were 1% ahead of the prior year, customer retention increased to 82% and margin per policy was up slightly to around £75.  A three-year fixed-price offer represented 47% of the motor and home book.  Current year claims trends were in line with pricing assumptions for the second half.  Travel continued to be impacted . . .

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