Chartis turns from loss to profit

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The results for the year ended 31 December 2011 also showed a 10.2% rise in gross written premiums to $34.84bn (£22.05bn) with an improved combined operating ratio of 109% (2010: 116.8%).

A breakdown of the figures showed that Chartis increased its commercial net written premiums by $1bn to $21.47bn compared to the previous year, while operating income soared from $67m to $744m in 2011.

However the commercial COR remained in three figures at 111.2% (2010: 115.3%).

For personal lines business 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.