Insurers call for sensible pricing after results
Most providers see a COR improvement and relatively static GWP figures
Across the half-year results from insurers there was a general buzz of positivity. Most of the big names that brokers deal with saw an improvement in their combined operating ratio (COR), made all the more interesting by the fact that gross written premium (GWP) was, in the main, quite static.
In direct contrast with the situation this time last year, the weather was widely credited as a boon to results, with benign conditions helping to drive underwriting profit.
The most notable further trend
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