Ecclesiastical to push COR below 98%

Michael Tripp Ecclesiastical group chief executive

The group's COR currently stands at 104.9%.

Commenting on the insurer's H1 2011 results, Mr Tripp said: "The underlying underwriting position doesn't yo-yo - that is solid. What causes volatility is exposure to one off events like earthquakes."

Mr Tripp said the specialist insurer had also taken other measures to reduce its exposure to volatility.

"Ecclesiastical Underwriting Management was put into runoff in August last year and that has helped along with investing in reinsurance and our broker

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: