Allianz’s commercial COR stronger than personal as restructuring continues
Allianz has reported an 89.9% combined ratio in commercial for Q1 2016 but despite improvements, its personal lines COR remains over 100 at 101.2% (FY 2015: 106%).
The results come as the insurer's proposed move to leave the direct markets continues to unfold, with 170 people potentially affected by the announcement in April.
Allianz CEO Jon Dye, pictured, said
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