Insurance Post

Allianz UK non-life operating profit sees Q3 surge

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Allianz’s UK business has today reported an operating profit of €142m for the first nine months of the year – a 1% increase on the figure recorded for the same period in 2010.

Non-life operating profit underwent an 8% surge in the third quarter of 2011, to €53m, following a H1 reduction of 2% on the previous year.
The nine month combined ratio was measured at 95.8%. In the

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