Insurance Post

Dye confident Allianz will return to retail profitability for full year

Jon Dye

Allianz UK CEO Jon Dye has stressed that the insurer still plans to return to underwriting profitability for its retail business in its full year results, despite notching a 100.2% combined operating ratio for the first nine months of the year.

Speaking after the insurer published its performance for the first three quarters, Dye, pictured, said that Allianz is planning for personal lines to record a 99.7% COR for 2014.

"That's what it is

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