Allianz UK reports 102.6% COR alongside £93m storm loss
Allianz UK has reported a 2015 combined ratio of 102.6% (2014: 97.6%) with the December 2015 storms costing the business £93m.
Of the £93m storm cost, £72.5m related to commercial losses and £20.5m were retail losses.
IFRS Operating profit dropped from £143.4m in 2014 to £41.3m in 2015.
Gross written premiums increased 2.6%
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