Broking Break: Your Top 5
Brokers have delivered a double top spot to Amazon in this week’s top five most clicked on stories. Also on the list are a big name departure, an acquisition and insurer results.
5) Allianz third quarter results hit by large losses
Allianz has reported an operating profit of £84.6m for the year to the end of the third quarter 2017, down from £121m in the same period of 2016.
The combined operating ratio has slipped to 98.2% from 96.9% as gross written premium nudged up by 2% to £1.65bn.
According to the insurer the third quarter saw an “unusual number” of large losses totalling £46m across the commercial property, fleet, liability and
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