Insurance Post

Aviva UK GI records best COR in 8 years despite fall in profits

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Aviva was aided by benign weather conditions in delivering its best UK general insurance combined operating ratio for eight years in the opening six months of 2015, however operating profit fell 11% to £223m (H1 2014: £251m).

The insurer's COR stood at 93.2% at the halfway stage (H1 2014: 94.3%), with the household book showing the biggest improvement - from 95% at H1 2014 to 88% this time around - while the firm's

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