Covéa credits 'disciplined' pricing for 40% rise in 2014 pre-tax proift
A “disciplined approach to pricing” has been attributed to Covéa Insurance's improved combined operating ratio of 97.8% for 2014 (FY 2013: 98.7%).
The reduced COR was achieved alongside a 40% rise in pre-tax profit, which increased from £15.2m in 2013 to £21.3m last year.
Covéa also achieved a 15% increase in gross written premium, which stood
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