Insurance Post

Zurich results show a solid performance

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Swiss insurer Zurich has announced a half year operating profit 7% down on 2010 at £2.1bn but said its second quarter was 7% up at $1.3bn.

Its Q2 combined ratio improved 1.6 percentage points on the same period last year to 95.3%.

In Europe, the Swiss insurer reported a business operating profit of US$728m, a reduction of 6% in local

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