Insurance Post

Zurich UK takes £182m battering from Ogden change

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Zurich UK took a £182.1m hit in H1 as a result of the change to the Ogden discount rate.

The Swiss insurer reported a business operating loss of £121m for the first half of the year. Excluding the impact of the new discount rate, BOP would be £61.1m.

The insurer also revealed in its H1

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