Ageas reveals commercial COR of 110.9%

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The insurer highlighted that its commercial COR had been impacted by a couple of large one-off losses in 2011.

In its latest results the provider declared a pre-tax profit of £105m with total gross written premiums excluding Tesco Underwriting business up 15.2% to £1.07bn (2010: £925.1m).

Barry Smith, chief executive of Ageas UK, commented at the time of the results that the insurer was still investing for growth in commercial lines. He added that compared to 2010 its COR had improved in 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.

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]

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]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.