Allianz records 12% profit leap
Allianz chief Dye hails a "very strong set of financial results".
Allianz posted an 11.9% profit surge to £128.7m for the first nine months of 2013, up on the £115m recorded for the same period last year.
The insurer saw gross written premiums edge up 1.8% to £1.5bn while its combined operating ratio (COR) improved to 95.7% from 96.7%.
The commercial division enjoyed a marked COR boost to 96.8%, compared to the 99.1% registered for the same period last year and GWP also rose to £763.1m [9M 2012: £746.2m].
As for the retail division, GWP also edged up to £696
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