Allianz UK profit slides 4.3% to £161.5m
Allianz reported a 4.3% fall in operating profit to £161.5m in 2012 (2011: £168.7m). The insurer's combined ratio also deteriorated to 96.3% from 95.7% in 2011.
Overall gross operating premium was up 2.6% to £1880m (2011: £1832.2m).
Commercial
Allianz's commercial division reported a slight fall in GWP to £974.1m (2011: £974.2m) with a combined ratio of 97.9%
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