Helvetia posts reduced profit for H1
Swiss insurer Helvetia posted profit of CHF162.7m (€135.4m) for the first half of 2012, down from CHF171.5m in the first half of 2011.
The insurer credited "good operating results and a sound investment policy" for what it described as "respectable profit during the period".
The net combined ratio increased slightly from 92.5% in the
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