Zurich general insurance profit up 22%
Zurich has recorded general insurance gross written premiums and policy fees of US$20.6bn, up 8% or 1% in local currencies, and a combined ratio of 96.2%, an improvement of 0.3 percentage points for the first six months of 2008.
The general insurance business operating profit was US$ 2.2bn, up 22% on the same period last year. In a statement Zurich said: "Business operating profit was up 22%, largely driven by an increase in
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