Tulloch points to internal loan returns as driver of operating profit drop
Aviva UK & Ireland general insurance CEO Maurice Tulloch has cited returns on the insurer's internal loan as a key factor in the division's drop in operating profit reported within the company's first half results today (6 August).
Aviva recorded its best UK general insurance combined operating ratio for eight years in the opening six months of 2015, however operating profit fell 11% to £223m (H1 2014: £251m).
Tulloch, pictured
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