ERS in the black as H1 2016 COR hits 99.8% on back of £7.3m profit
Lloyd’s motor insurance specialist ERS has reported a profit of £7.3m in it the first half of 2016, the result of continued underwriting and volume growth.
Profits have gone up by £10.1m from the same period last year and its combined ration improved by 2.4% to 99.8% (H1 2015 102.2%).
Gross written premium for the first half of this year was £203.8m, an
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