Bit more info2 Aug 2012 12:36
HALF YEAR FINANCIAL REPORT TO 30 JUNE 2012
Solid performance in a challenging environment
• Net written premiums of £4.3bn, up by 4% at constant exchange (2% as reported)
• Combined operating ratio (COR) of 95.2% with strong performances in Scandinavia and Canada partially offset by adverse weather in the UK and earthquakes in Italy
• Investment income of £267m and operating profit of £316m
• IGD surplus of £1.2bn; coverage remains strong at 1.9 times
• Upgraded by S&P to ‘A+’ (stable outlook) in February
• Interim dividend up by 2% to 3.41p
Ex div 26 Sep 12
Paid 23 Nov 12