Allianz would "love" to grow motor account, says CEO

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End of year results for 2016 delivered a combined operating ratio of of 96.4%.

Allianz's chief executive officer Jon Dye said he would "love" to grow the broker motor account but added that this would depend on how the market continues to perform.

The insurer recently published the results of its end of year performance which delivered a combined operating ratio of (COR) of 96.4% for 2016.

Its gross written premium for the year dipped by 3.5% to £2.14bn (2015: £2.22bn) as profit increased markedly to £154m (2015: £36.3m).

Dye noted Allianz's decision to leave the direct

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