Insurance Post

Allianz unveil improved COR for 2013 Q1

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Allianz UK has reported that gross written premium in the first quarter of 2013 was up by 7% at £506.6m over same period in 2012 (Q1 2012: £473.6m).

Allianz reported a combined operating ratio of 95.2% (Q1 2012: 97.1%)  giving the firm its 41st consecutive quarter with a sub-100% COR. Pre-tax profit was £46.8m (2012: £34.9m). 

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