Zurich UK off-sets £35m Q1 flood losses as attritional loss ratio improves
Zurich UK general insurance interim chief executive Dave Smith has heralded an improved attritional loss ratio as an instrument of off-setting £60m of flood losses and long-tail liability costs incurred in the first half of the year.
Speaking to Post this afternoon, following the publication of the Zurich's first half UK results in which operating profits increased 9% to £88m, Smith, pictured, highlighted the firm's enhanced
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