Zurich UK improves COR as business grows

Dave Smith

Insurer claims “all key measures” have improved in past 12 months.

Zurich UK has reported a 2% rise in gross written premiums to £841m for the first six months of 2014 (H1 2013: £826m).

In addition to growing the business, the provider also delivered an improved combined operating ratio of 95%, a three point improvement on the result in the same period of last year.

Profit
The insurer's business operating profit was also better at £88m, up 7% on the comparable period of 2013.

Dave Smith, CEO for Zurich's UK general insurance business, commented: "All of our key

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Q&A: Andy Talbot on Arag’s transformation

Ahead of the 2025 British Insurance Brokers' Association Conference, Andy Talbot, director of broker, ATE & marketing, tells Insurance Age about the feedback from brokers, technology upgrades, and how Arag is positioning itself as a smarter, stronger business for the future.

Biba 2025 Countdown: Aurora’s Tom Willmore

With the 2025 British Insurance Brokers’ Association conference only just over a week away Tom Willmore, broker distribution lead at Aurora, offers up offers useful tips to keep delegates moving and well fed with pies, as well as why the mantra ‘quality over quantity’ remains key to getting the best out of the event.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: