Co-op Insurance sees £15.5m pre-tax operating loss in H1 2017
Co-op Insurance saw sales drop 21% in H1 2017, reporting an operating loss before tax of £15.5m compared with a loss of £8.6m for the same period in 2016.
The group saw an underwriting loss of £7.6m compared to a profit of £3.9m for the same period in 2016, which Co-op said was a result of lower reserve releases than in 2016. Net revenues fell from
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