Aviva improves UK COR as premium totals fall
Insurer cites disciplined underwriting as driving performance.
Aviva has revealed a 4% fall in UK general insurance premiums for the third quarter of 2014 to £906m, down from £941m in the same period of 2013.
The result came as the provider released figures for the year to date showing that net written premiums for the first nine months of 2014 had dropped 6% to £2.74bn from £2.9bn the year before.
The insurer also declared a combined operating ratio for the nine months of 94.1%, an improvement on the 95.5% achieved in the comparable period of last year.
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