Co-op Insurance reports £12m operating loss
Co-op Insurance has reported an operating loss of £12m for 2017, compared to a loss of £18m in the previous year.
Excluding transformation costs, the group’s operating profit was £2.1m. Underlying operating profit in 2017 was in line with last year at £11m (2016: £11m).
Mark Summerfield, CEO of Co-op Insurance
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