Ecclesiastical records sub-100% COR despite GWP reduction
Ecclesiastical has achieved a 95.6% UK combined operating ratio for the first half of the year(H1 2012: 109.9%).
The sub-100% COR was recorded despite a reduction in the UK operation's gross written premium figures for the first half, with figures slumping to £153.8m from £177m in the same period last year.
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