Aviva posts UK profit rise for 2017 as COR improves to 93.9%

Mark Wilson

Aviva has revealed a combined operating ratio (COR) in the UK of 93.9% in its financial results for 2017.

This is compared to the 106.3% posted in 2016, when the provider stated it had been impacted by the Ogden rate change, which added 12.4% to the figure.

The insurer’s UK general insurance operating profit grew by 4% to £408m (2016: £392m), which it said was due to “improved underwriting”.

The provider achieved total net written premiums (NWP) in the UK of £4.08bn (2016: £3.93bn) and stated

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: