Insurance Post

Swiss insurer Helvetia sees profits up 8.7%

Zurich Street on Swiss National Day

Swiss insurer the Helvetia Group has reported increased profits of 8.7% for the first six months of 2011 compared to 2010.

Profit after tax for the group was CHF 170.4m (€153.5m), compare to CHF156.8m in 2010, while business volume increased by 12.6%.

Helvetia continued to grow above the market average and its cautious

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