Brit posts improved COR of 86%

Brit Insurance has reported a combined operating ratio of 86% for the first half of 2013 – an improvement from 92.8% in 2012.

In addition, the insurer posted post tax profit of £70m, up from £38m for H1 2012 and increased gross written premiums from £657m to £671m.

The figures for H1 2012, however, are adjusted to reclassify

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