GWP less treaty (2001):£1.67bn
Includes gross written premiums less treaty for:
Cornhill Insurance: £1.38bn
EULER Trade Indemnity: £152m
Trafalgar Insurance: £71m
EULER & Hermes International: £34m
DBI Insurance: £12m
Hermes Credit & Guarantee: £11m
British Reserve Insurance: £4m
Cornhill Insurance
Gross written premiums less treaty (2001): £1.38bn
Address:32 Cornhill, London, EC3V 3LJ
Tel: 020 7929 3562
www.cornhill.co.uk
Year established:1905
History:Cornhill Insurance was founded in 1905 and has grown through acquisitions since then. It was acquired by Allianz AG in 1986 and will change its name to Allianz
Cornhill Insurance in 2003.
Chief officer: Ray Treen
Biography: Treen joined Cornhill Insurance as head office manager, finance, following appointments with Commercial Union and Unilever. He was appointed as assistant general
manager, finance, and a director of Cornhill Insurance in 1973. He was then appointed deputy chief executive in 1975 and chief executive in 1988.
UK staff (average for 2002): 4,069
Major shareholders:100% owned by Allianz AG
Main lines of business: General insurance for both personal and commercial lines.
