Co-op says impact of December floods causes £13m GI profit loss in 2015
The Co-operative group today posted a £13m profit loss for its general insurance division in 2015, marking a significant drop from £1m the previous year.
In a statement, Co-op said the profit was "in line with expectations" until the impact of floods in the North of England.
Net earned premiums also declined to £343m (2014: £371m), with the firm
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