Allianz delivers profit and revenue growth
Allianz Insurance has unveiled an increase in GWP to £996.3m (H1 2012: £965.1m) and an increase in profits to £86m (H1 2012: £75.3m) for the first six months of 2013.
The provider's combined operating ratio also improved in the period to 95.7% from 96.8% the year before.
The insurer, which did provide a breakdown of figures by divisions, revealed that for the first six months of 2013 commercial GWP came in slightly up at £534.4m while the COR improved to 96.7% from £525.9m and 98.6% respectively in 2012.
For retail business GWP moved from £439.2m in the first half of 2012 to £461.9m for the comparable period this year while the COR remained unchanged at 94.8%
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