Das posts loss again but COR improves to 95.4%
Das UK Group has reported a comprehensive loss, but also a growing gross written premium (GWP) and an improved combined operating ratio (COR), for the year ending 31 December 2018.
According to its financial results, published on Companies House, the firm had a GWP of £117.9m in 2018 and the COR was 95.4%, something it pledged to achieve last October. In 2017 GWP was reported as £111.5m and COR was 101.7%.
However, the business also reported that it made a comprehensive loss of £10.6m compared
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