Aviva reports drop in NWP
Aviva has reported a 5% reduction in net written premium across its UK general insurance operation to £923m in the first quarter of 2013 (Q1 2012: £974m) while group GWP fell 2% to £1.2bn (Q1 2012: £1.7bn).
Across the UK business, new business increased by 33% to £108m (Q1 2012: £81m) while its GI combined operating deteriorated by one percentage point to 98%. The group COR was stable at 96%.
Group chief
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