Allianz UK delivers stable performance
Allianz UK saw gross written premiums grow by 1.9% to £473.2m (€593m) in the third quarter, but operating profits in the business division took a £2m dip to £40m (€50m).
The combined operating ratio deteriorated to 96.9% from 94.9% for the three months ended 30 September. The loss ratio crept up to 66.7% from 61.4%, while the expense ratio stayed stable at 30.2% (2011
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