Swiss group Helvetia records 13% profit growth

Swiss insurance group Helvetia has recorded first half post-tax profits of CHF4.7bn (£3.29bn) a 13% increase on its 2012 result.

The combined ratio in the group’s non-life business deteriorated slightly from 93.7% in 2012 to 94.9 this year.

A statement from the insurer said this result was within the group’s defined target

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