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Allianz UK focuses on ‘balance between volume and margin’ to weather cyclical market storm

By 2025-04-11T06:00:00

inflation

Inflation and the transition from a hard to soft market in UKGI has impacted insurers’ full-year 2024 results – but insurer chief executive emphasises the importance of disciplined underwriting in managing market cycles

Despite Allianz UK achieving a 52% improvement in its operating profit between its full-year 2023 and 2024 financial results, the insurer’s chief executive, Colm Holmes, told Insurance Times that he is “never happy” and has plans for “much more” business growth in 2025.

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