Tulloch rules out ‘major’ UK cost reductions as Aviva GI book shrinks
Aviva UK general insurance chief executive Maurice Tulloch has said the firm has no plans for ‘major’ reductions in cost to counteract an 8% fall in net written premium recorded for Q1.
Tulloch, pictured, pointed to continued softening of the UK motor market as critical to the performance, but noted that a much-awaited hardening remains uncertain.
"Everything that goes down
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