Improved GWP for Allianz's UK non-life operation


This was a 13% increase on GWP for the same period of 2010, which stood at €463m.

Allianz attributed this boost to “positive volume growth in our motor business, both in retail and commercial lines”.

Operating profit was up 8% to €53m for the three months ended September 2011, compared to €49m for Q3 2010.

Combined operating ratio (COR) for Q3 2011 had improved to 94.9% from 96.8% for the three months ended September 2010.

COR for the nine months ended September 2011 was 95.8%, no change from

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