Zurich UK profits up 19% in first nine months
Zurich’s UK general insurance business posted a 19% increase in business operating profit to £136m for the first three quarters of 2014, compared with £114m for the same period in 2013. Gross written premiums rose 2% on the first three quarters of 2013 from £1.25bn to £1.28bn (an increase of £29m). The insurers combined ratio stood at 94.9% for the period, an improvement on the 98.1% recorded at the same point in 2013.
Gross written premiums rose 2% on the first three quarters of 2013 from £1.25bn to £1.28bn (an increase of £29m).
The insurer's combined ratio stood at 94.9% for the period, an improvement on the 98.1
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