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Allianz UK reports discounted COR of 94.6% for 2024’s H1

By 2024-08-08T12:00:00

UK money, cash

Amid year-on-year operating profit growth of 55%, chief executive promises ‘much more is yet to come’ from the insurer

Allianz UK, which consists of the UK-based general insurance businesses within Munich-headquartered insurer Allianz Group, has reported a 1.9 percentage point improvement in its discounted combined operating ratio (COR) for the first half of 2024 – this now sits at 94.6% compared to 2023’s half-year result of 96.6%.

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