The group’s 2016 results revealed a growth in adjusted Ebitda from £75.2m to £84.2m, even as full year revenues declined 4.4% to £324.6m in 2016 from £339.6m the previous year.
Zurich disappointed in new #discountrate. David Nichols, Ch Claims Officer: "The failure to change the discount rate to a balanced level will only serve to increase the cost and, therefore, affordability of certain types of insurance - especially for higher risk customers." pic.twitter.com/ac1CfBzfxX— Zurich Insurance UK (@ZurichInsUK) July 15, 2019
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