Zurich non-life profits down 21%
Global insurance giant Zurich Financial Services has reported a 21 percent decline in non-life business operating profits over the first nine months of the year to $1.96bn.
However, the composite insurer reported that rates held up well, with 2 percent rate increases overall and a 6 percent rise in the international markets segment that services emerging economies.
The net underwriting result in the non-life part of the business fell 33 percent to $459mn, as a $200mn loss from Chile and...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
