Zurich operating profit down 12%, but net income up 10%
Zurich Financial Services Group reported net income after tax of $3.8bn for the full year 2011, up 10% from $3.8bn in the prior year period.
The group reported 8% growth in gross written premiums to reach $47,748m. Business operating profits were down 12% year on year to 4.3bn, while business operating profits for the general insurance
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