GWP up but profit and COR deteriorate for Allianz Holdings

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

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).

Growth

Colm 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.

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]

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]