Insurance Post

Zurich UKGI arm records 53% profit increase for 2013

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Zurich’s UK general insurance arm recorded a 53% increase in its business operating profit for 2013 to £144m from £94m in 2012.

The combined operating ratio improved by four percentage points to 95.8% from 99.8% in 2012.

Gross written premium for the business remained flat on the 2012 result of £1.68bn with £1.67bn recorded

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