Insurance Post

TT Club's 2014 COR improves to 85.6%

Three shrubs in a row each larger than the other

Transport insurer TT Club has reported increased gross written premiums for the 12 months ended 31 December 2014 to $182.2m (£120m) from $181.1m the year prior.

The business' 2014 surplus increased by $2m to $14.1m while total assets decreased from $641.4m in 2013 to $609.1m in 2014.

TT Club's combined ratio improved from 87.4% in 2013 to 85.6% in 2014.

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