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 MOTOR INSURANCE HIT BY 3-YEAR DOWNTURN 
 Motor insurance premiums will have to  
 rise sharply next year if insurance    
 companies are to drive back to profit, 
 a report said.                         
                                        
 Fierce competition sent the insurance  
 market into a loss-making period last  
 year that could last until 1999, said  
 consultants Bacon & Woodrow.           
                                        
 It said rates would have to rise bz 12%
 for the market to break even.          
                                        
 The main cause of the losses were      
 inadequate premium levels bjcausj of   
 competition. Profits were also hit by  
 a rise in personal injury claims.      
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