Allianz announce 2007 Third Quarter Results
The insurer has unveiled a profit before tax of £109.4m (2006: £172.4m) despite a net written premium income increase of £81.7m to £1028.7m compared with the first nine months of last year. Allianz’s combined ratio has also deteriorated to 99.9% from 93.1% on 2006’s comparable figure.
Allianz pointed out that weather events during 2007 cost it £83m but that it was still on track to record a satisfactory end of year profit. The insurer added that commercial Lines NWP were up 11.3% over 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 [email protected].
You are currently unable to print this content. Please contact [email protected] 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]
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- GRP snaps up Ipswich-based broker
- RSA UK COR deteriorates to 101.8%
- Ex-Aviva boss Mark Wilson to lead insurtech venture after merger with Complete Cover Group
- FCA finalises guidance on vulnerable customers
- Aston Lark buys Kent-based Sennocke
- Jensten moves in for second deal this month
- Axa UK & Ireland P&C COR improves to 96.2%