Aviva reports fall in UKGI operating profit

Mark Wilson

Insurer reveals COR deteriorated to 95.9%.

Aviva has posted a decline in its UK general insurance operating profit to £199m for the first six months in 2016 (H1 2015: £223m).

Its UK combined operating ratio (COR) was 95.9% in the first half of this year, compared to 93.2% last year.

Meanwhile, the insurer reported that net written premiums in the UK had risen to £2bn (H1 2015: £1.8bn) in the first half of the year.

GWP
The results also showed that Aviva's gross written premiums in the UK were £2.1bn for the time period, compared to £2bn

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