Torrance: A strong performance
Overall the insurer saw its combined operating ratio (COR) creep up to 96.7% from 95.8% in the same period of 2011.
"I think that is still a very strong performance if I look at what is coming out of peer competitor results in the quarter thus far," commented Mr Torrance.
He stressed that the insurer, which saw its commercial COR worsen to 99.1% (9M 2011: 95.1%) had been impacted by recent weather events.
"I would count the weather earlier in the year as pretty much in line with expectations,"
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
Most read
- Aviva enters exclusive discussions to buy Azur’s HNW operation
- RSA re-jigs leadership team to bring customer operations and claims together
- Blog: Nine ways to reduce risk in tech firm contracts
- FCA speeds up permission removal process
- Michael Gove slams "neither fair nor decent" high premiums for leaseholders
- Zurich to sell Russian business to local team and exit market
- 2022 Empower Ethnic Minority Executives list names insurance stars