Allianz UK boss Andrew Torrance has attributed the insurer's on-going growth to its "continuity of strategy and approach" with brokers in the market place.
The comments came as the insurer confirmed that written premiums had edged up by 5.6% for the first half of 2012, with both its commercial and retail arms recording growth during the period.
It also reported operating profits of £73.3m for the first six months this year.
Assessing Allianz UK's steady growth Mr Torrance said: "When we talk to broker partners in the market place one of the things that comes through is they like the continuity of strategy and approach we have.
"We have had a leadership team in place in the business now which has evolved over time, it's not been static but it's has evolved in a measured and planned way and that has meant our strategy and approach to the market place has remained very consistent... I think people find that useful and reassuring."
He continued: "In terms of economic uncertainty, European insurers don't come bluer-chipped than Allianz."
Modest
Despite Allianz UK's retail division recording a gross written premium (GWP) rise of 11.9% to £432.2m in the first half of 2012 (H1 2011: £292.5m), its commercial business only achieved modest GWP growth of 0.8% to £525.9m.
Mr Torrance blamed recessionary factors which have seen increasing claims frequency on the employers' liability side, particularly in the construction sector.
He said that Allianz was now working to reduce exposure in the liability and mid-market property lines where profitability was "unacceptably low".
And with Groupama's UK operations still seemingly up for sale Mr Torrance refused to comment on any potential purchase, but admitted Allianz continues to look at opportunities across the board.
He added: "Certainly the property casualty business is an area that if you look at, the group on a global basis is happy to consider acquisitions.
"And we will continue to look at opportunities... [but] I have a total inability to respond to anything specific otherwise I get my knuckles very badly rapped!"
For all the latest industry news direct to your inbox, sign up for our daily newsletter.
