Allianz Holdings records 10.6% drop in GWP for Q1 2021
2021-05-12T15:29:00+01:00 Alongside a dip in commercial lines GWP, Allianz Insurance has issued payments for more than 80% of accepted Covid-related BI claims Allianz Holdings, which comprises of Allianz Insurance and LV= General Insurance, has recorded a 10.6% drop in gross written premium (GWP) for the first quarter of 2021 – this has fallen from £1026m in 2020 to £917m this year according to its latest financial update, published today (12 May 2021). Allianz Insurance specifically has seen GWP reduce by 12.3% over the last year – this now stands at £451m compared to £514m in quar...