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Zurich sees signs of rating improvement across Europe

Zurich has reported a 10% increase in gross written premiums globally for the first three months of 2008 to $1.2bn (2007: $1.02bn). Its business operating profit improved 5% to £1.1bn, although its combined ratio fell 1.3% to 94.6% (2007: 93.3%).

In a statement it added: "General Insurance delivered an improved top and bottom line performance over the previous year against the backdrop of a continuingly competitive market environment.

"The

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FCA’s Reynolds outlines insurance priorities

Graeme Reynolds, director of competition and interim director of insurance at the Financial Conduct Authority, takes centre stage in the latest Insurance Post Podcast, setting out the regulator’s key priorities for the market.

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