AIG Europe posts net premium rise for 2015

anthony-baldwin-aig

COR and pre-tax profit both improve.

AIG Europe has reported a 2% rise in net written premiums for 2015 to £3.55bn from £3.49bn the year before.

The provider's combined operating ratio for the year ended 30 November 2015 improved to 98.2% compared to 98.4% in the previous 12 months.

The firm also delivered a rise in pre-tax profit to £408.5m (2014: £406.5m) as the underwriting result also rose to £61.9m (2014: £59.6m).

According to AIG Europe its performance was "stable" despite a competitive environment and softening rates.

The

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: