GI operating profits fall at Aviva UK
Insurer’s UK COR for the first six months of 2018 slips to 94.3%.
Aviva has reported a 9% fall in operating profit for UK general insurance business to £195m.
The drop for the first half of 2018 came as net written premiums were flat at £2.11bn.
Aviva revealed that within the stable premium figures commercial business grew by 3% to £864m as personal lines dropped 2% to £1.25bn.
A further breakdown showed that personal lines motor fell the most, by 4% to £559m, while personal non-motor was unmoved at £687m.
Softening
The company stated that the motor fall
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