Insurance Post

Co-op posts 48% profit boost

david neave

Co-operative Insurance has announced profits of £31.1m for 2010, up 48% on 2009.

The Co-operative also increased its gross written premium by 35.3% to £574.2m, while its claims ratio worsened to 76.3% (2009: 74.2%).

David Neave, director of general insurance at the Co-operative

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