RBSI “committed” to double digit COR
Speaking to Post following the announcement of its half year results for 2011, which saw the insurer net an operating profit of £139m, Paul Geddes chief executive said its claims process would contribute to this.
The insurer's combined operating ratio was 99% for Q2 2011, compared with 106% for Q1 2011, and 132% in Q2 2010. The half year 2011 COR is 103% (H1 2010: 129%).
Mr Geddes said that it is “committed”
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