Aviva reveals 2013 post-tax £2.15bn profit
Provider’s COR and operating profit increase.
Aviva has delivered a post-tax profit of £2.15bn for 2013, reversing the loss of £2.93bn in 2012.
The group's combined operating ratio edged out slightly to 97.3% (2012: 97%) as operating profit was up 6% at £2.05bn (2012: £1.93bn).
The COR for UK and Ireland general insurance business came in at 97.2% an improvement on the 98.6% reported in the previous 12 months.
General insurance
Aviva's UK general insurance business grew its underwriting result to £117m (2012: £48m) as the COR improved from
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