![Insurance Age](https://www.insuranceage.co.uk/sites/default/files/styles/print_logo/public/2021-11/print-logo.png?itok=F0kVQKky)
Allianz Holdings reveals drop in GWP in first half of 2021
![Treloar and Dye](/sites/default/files/styles/landscape_750_463/public/article_copied_files/treloar%20and%20dye.jpg.webp?h=b4c27b83&itok=vwCiVzVE)
Provider points to continued impact from Covid-19 as well as competitive market conditions and the run-off of certain portfolios as it also reports a COR of 91.7%.
Allianz Holdings has reported a 6% fall in gross written premium to £1.86bn for the first half of 2021, compared to £1.98bn in H1 last year.
The provider’s operating profit also fell slightly to £169m (H1 2020: £179m), while its combined operating ratio improved to 91.7% (H1 2020: 92.7%).
According to Allianz the fall in GWP was due to a continued impact from Covid-19, as well as competitive market conditions and the run-off of certain portfolios.
Allianz
Looking at Allianz Insurance, GWP was
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 print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk