Zurich H1 2010 result shows 20% drop in GI profit to $1.4bn
Zurich has reported general Insurance operating profit fell 20% to $1.377bn (H1 2009: $1.714bn) in the first half of the year.
It recorded a general insurance combined ratio of 98.0% (H1 2009: 96.2%) and gross written premiums and policy fees decreased 2% to $17.9bn (H1 2009: $18.24bn.
In a statement the group said its
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