Aviva achieves best COR in eight years
Insurer posts group COR of 95.7% and revenue of £1.4bn in 2014 results.
Aviva has posted its "best COR in eight years" with 95.7% being reported in its 2014 results - an improvement on the 97.3% reported in 2013.
It said this was "mostly due to a strong result in the UK and Ireland. This resulted in an underwriting profit of £321 million, 54% higher year-on-year".
However, profit after tax actually fell from £2.15bn in 2013 to £1.73bn, a 19% drop and takes into account discontinued operations of £1.2bn in value. A like-for-like post tax profit calculation said 2014
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