Swiss insurer reports 39.1% leap in profits

- By Jonathan Swift
- @InsuranceSwifty
- 16 Mar 2010
- Indicative reading time: 1 minute

Business volume rose 20% to CHF 6,711m (2008: CHF 5712.3m), and it had a combined ratio (net) of 91.8 per cent (2008: 89.1 per cent).

Swiss insurer Helvetia today reported a 39.1% increase in profit after tax of CHF 320.5m (2008: CHF 230.5m).

Business volume rose 20% to CHF 6,711m (2008: CHF 5712.3m), and it had a combined ratio

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