Insurance Post

Zurich sees European GWP shrink in first nine months


Zurich's general insurance business recorded a 3% increase in gross written premiums and policy fees to $28.2bn (£17.57bn)in the first nine months of 2013.

The European market was the only area to see a decline in GWP, due to "economic pressures in key markets and focused underwriting actions".

General Insurance business operating profit increased by 2%

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