Zurich GI profit falls 23% to $2.67bn due to major losses
Zurich has reported that its general insurance business operating profit fell 23% in 2010 to $2.67bn (£1.7bn) (2009: $3.46bn).
The GI arm's global gross written premiums and policy fees was back 3% $33.01bn (2009: $34.16bn) and its combined ratio depreciated slightly to 97.9% (2009: 96.8%).
Zurich said the decrease in profit
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