Allianz UK boosted gross written premiums by 5.5% within the first half of the 12 months to £2.21bn as working revenue jumped by £62m to £174.8m.
The outcomes for the supplier’s common insurance coverage companies within the UK confirmed the mixed working ratio improved to 94.6% from 96.6% in the identical interval of 2023.
The breakdown for the six months revealed progress throughout private, industrial and specialty strains.
Industrial
Industrial strains GWP ticked up 5.9% to £770.9m.
In response to the insurer, the “sturdy” high line progress got here with “continued sturdy revenue efficiency”.
Our outcomes present that we’re effectively positioned to reply to the extraordinary competitors in
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