Allianz UK grew operating profit by 28.4% in the first half of the year to £224.3m from £174.7m in the same period of 2024.
The insurer trimmed its combined operating ratio by 1.7 percentage points to 92.9%.
The improvements came as business volume, measuring the premium received for both insurance and non-insurance operations, fell year-on-year by £20m to £2.28bn.
However across the provider, including Allianz UK, Allianz Commercial, Allianz Partners and Allianz Trade, business volume rose by 2.6% to £3.57bn.
Platform
In a breakdown of the performance, the firm detailed Allianz UK commercial had “success” in the first
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