Weather hit propels Co-op Insurance Services into loss with Markerstudy deal ahead
Co-op’s general insurance underwriting business, which is being sold to Markerstudy, made a trading loss in 2018.
Its trading loss for the period was £29m, which Co-op mainly attributed to the hit from the Beast from the East across both home and motor.
The business saw an operating loss of £227m, compared to
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