Aviva sees net written premium and COR worsen
Regulatory changes, poor weather and "difficult trading conditions" blamed for UK result.
Aviva has reported net written premium of £845m in its UK general insurance business for the first three months of 2014.
This is compared with the £923m posted in the first quarter of last year. The provider’s combined operating ratio (COR) also worsened, from 98.1% to 98.6%.
In its outlook for 2014, the insurer stated that the impact of regulatory reform in the UK, poor weather and difficult trading conditions in the UK motor market have been "offset by our recovering European businesses and
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