Insurance Post

Zurich UK GI sees profits stabilise

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Zurich UK’s general insurance division has posted £147m in operating profit for last year, an increase of 137% from the previous year.

The unit's operating profit rose from £62m in 2015, as combined ratio improved from 109.5% in 2015 to 97.1%.

However gross written premium declined 7.5% from £1.63bn to £1.51bn.

The results reflect

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