Ace optimistic following improvement in COR
In the second quarter of 2012 operating income was $743m a 10% rise on the $673m delivered in the same three months of the year before.
Gross written premiums for the half year rose 3.7% to $10.44bn (H1 2011: $10.067bn). In the three months to 30 June the rise in GWP was 5.9% to $5.653bn (Q2 2011: $5.423bn).
The combined operating ratios for property and casualty business were 88.7% for the second quarter (Q2 2011: 92.7%) and 88.9% for the half year (H1 2011: 98.5%).
The overseas general
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]
More on Insurer
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
- Insurers urged to pay claims quickly following BI ruling
- BI test case: Brokers buried under avalanche as clients clamour to claim
- Aviva confirms office closures amid restructure
- Supreme Court rejects insurers' appeals in BI test case judgment
- Blog: The broker fallout from the Supreme Court BI ruling
- Biba reveals measures to help brokers in light of Supreme Court judgment
- Blog: Why the BI ruling offers brokers the perfect opportunity to show their mettle