Zurich UK sees hike in profits despite strong stance on new business
Zurich UK has seen business operating profit and combined operating ratio significantly improve in the first half of 2016, despite an 8.1% drop in gross written premiums.
The group reported a 147.6% increase in business operating profit for general insurance, up to £126.5m compared to £51.1m for the same period last year. COR marked a 9.4% improvement, at 89.5%
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