Allianz growth split across the divisions

Allianz Cornhill recently revealed increased profit and an improved combined ratio for 2004. Its annual results indicated pre-tax profits increased 37.3% to £218.4m, while gross general written premium was up slightly from £1.74bn in 2003 to £1.77bn last year.

Andrew Torrance, ceo, Allianz Cornhill insisted that 2004 was a year of substantial achievement for the insurer and that all divisions made strong contributions to its record results. He also commented that, as an organisation, it had a