Allianz growth ahead of plan, says Dye
Chief executive Jon Dye describes the insurer as being in a “happy place” as growth continues.
Allianz's combined operating ratio in the second quarter of 2014 improved to 94.6% from 99.8% in the first quarter of this year.
The insurer also delivered £39.6m of operating profit, fractionally ahead of the £39.3m in the same period of 2013. The provider has now achieved 46 consecutive quarters of profit.
Jon Dye, chief executive of Allianz in the UK, commented that the business was in "a fairly happy place".
Ahead of plan
The half year results showed that it had grown gross written premium to
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