AIG UK trims COR to 84% as underwriting profit soars
AIG Europe chief executive Nicolas Aubert has heralded the “continued development” of the group’s UK business after it shaved 19 percentage points off its combined operating ratio to 84% last year.
The UK business returned to underwriting profit in 2013 with a positive result of £181m, an improvement of £213m on 2012.
Net premium written increased marginally from £1.12bn to £1.19bn, reflecting
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