Ecclesiastical posts falling profits for first half of 2016
COR deteriorated to 87.5% in its UK and Ireland GI business.
Ecclesiastical Insurance has reported an underwriting profit of £9.0m (H1 2015: £13.8m) in its UK and Ireland general insurance business for the first half of 2016.
The provider also posted a deteriorated combined operating ratio (COR) of 87.5%, compared to 81.9% in the first six months of 2015.
The insurer said its results were impacted by flash flooding across the UK and explained that its property claims had "returned to more normal levels" compared to last year.
Its UK and Ireland gross
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