"Allianz shareholders are happy," says Torrance despite COR deterioration
Allianz UK chief executive Andrew Torrance has called the insurer's retail non-motor combined operating ratio of 101.7% for the first nine months of 2012 a "decent result" given recent poor weather.
Speaking after the insurer reported overall UK gross written premium of £1.4bn and an overall combined operating ratio of 96.7% for the first nine months of the year, Torrance said that the non-motor
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