PROFITS UP 17.5% AND THE PARTNERSHIP WITH LV= IS MAKING GREAT PROGRESS
Chief Executive Officer, Jon Dye said: “Profits are up 17.5% over 2017 in challenging market conditions and the Combined Operating Ratio is 1.7% better than this time last year. These are very pleasing results. Revenues are broadly flat, which reflects the start of the transfer of Allianz’s personal home and motor business to LV=."