Aviva UK GI delivers steady 98% COR amid 2013 pay freeze

Mark Wilson

The group also announced that its top 400 executive directors would have their salaries frozen for 2013.

It came as its UK arm posted an unchanged COR from 2011 while operating profit edged up to £448m (2011: £433m).

Yet UK net written premiums crept down to £4.06bn last year from £4.11bn in 2011.

Despite noting that sales were lower, it attributed its operating profit growth to a "focus on disciplined underwriting to maintain profitability ahead of volumes".

In a statement Aviva said: "We

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: