Insurance Post

Allianz UK improves COR as GWP drops 3.6% in H1 2016

Jon Dye is UK chief executive of Allianz Insurance

Allianz UK has improved its combined operating ratio to 96.3% (2015: 98%) as well as seeing a decrease in gross written premium for the first half of 2016.

Overall GWP dropped by 3.6% compared to the same period in 2015 from £1.13bn to £1.09bn and the firm's personal lines business delivered a GWP of £520m, down 8%, which the insurer said was because of

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