P&C profit up 35% with Zurich on course to hit targets

Mario Greco, Zurich CEO

Zurich has reported business operating profit up 20% to $4.6bn on the back of big P&C improvements, as the insurer enters the final year of a three-year plan on track to hit key financial targets. Underwriting improvements helped Zurich deliver a 35% rise in P&C business operating profit to $2.1bn last year, and a three-point improvement in the combined ratio…

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