Insurance Post

Zurich UK reports 44% profit following restructure

conor-brennan

Zurich’s UK general insurance division saw business operating profit rise by 44.5% in the third quarter of 2016, despite an 8% drop in gross written premiums.

Business operating profit stood at £134m in Q3 2016, compared with £92.6m for the same period in 2015. Gross written premiums were down to £1.14bn compared to £1.24bn in the first nine months of last

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