
GWP up but profit and COR deteriorate for Allianz Holdings

The insurer’s combined operating ratio deteriorated to 97.2% compared to 91.7% in the same period last year.
Gross written premium, however, was on the up hitting £1.96bn (H1 2021: £1.86bn). The breakdown showed that personal lines ticked up from £1.22bn to £1.26bn while commercial lines GWP increased to £694m (2021: £630m).
GrowthColm Holmes, CEO Allianz Holdings, said: “I’m pleased with Allianz’s performance. We’ve seen strong trading in the first half of the year, although this was
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 [email protected].
You are currently unable to print this content. Please contact [email protected].uk to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Insight
Most read
- Aviva UK sees COR deteriorate and operating profit slip
- People Moves: 8-12 August 2022
- FOI reveals scale of FCA investigation into leaseholder insurance
- Policy Expert targets doubling within five years, says CEO Steve Hardy
- MGAs rising up GRP’s buying plans
- Tribunal overturns CMA Most Favoured Nation clauses ruling and £17.9m Compare The Market fine
- Movo signs agency deal with CNA