ZFS CEO open to acquisitions as it reports $3.8bn GI profit
Zurich Financial Services has reported general insurance gross written premiums and policy fees of US$34.2bn, an increase of 2% (in local currencies), and a combined ratio of 94.2%, an improvement of 6.6 percentage points, for 2006.
Overall ZFS's net income across the whole group was US$4.5bn, an increase of 41%, and a business operating profit of US$5.9bn, an increase of 48%.
Focusing on the global GI result, ZFS reported: "With
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