Allianz UK on track to hit £3bn GWP by 2018, says Dye

Jon Dye is UK chief executive of Allianz Insurance

CEO Jon Dye says insurer is growing in line with group aims.

Allianz UK's chief executive officer, Jon Dye, has highlighted that the insurer is now bigger than ever after its 2014 financial results showed gross written premium (GWP) passed £2bn for the first time.

The provider posted GWP of £2.16bn for the year which represented a 12 percent rise from the £1.93bn it recorded in 2013.

However, operating profit fell to £143m set against £171m for the previous 12-month period.

Over the same period the combined operating ratio (COR) worsened from 95.9% to 97

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