Insurance Post

Co-op reports insurance loss for 2014

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The Co-operative's insurance division struggled in a "difficult market" and posted an operating loss of £7m for 2014, compared to a profit of £36m the previous year.

Revenue for the year also fell to £371m from £476m in 2013, and the company said it saw a drop in revenues after exiting business areas with low levels of profitability.

Co-op said that the results

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