Zurich profit inches up 1% despite ‘best-ever’ P&C combined ratio

11-08-2022

Zurich profit inches up 1% despite ‘best-ever’ P&C combined ratio

Zurich Insurance Group’s property/casualty (P&C) business achieved the lowest-ever combined ratio and robust top-line growth in what it claims to be one of the best first half results in its history. The company plans to launch a 1.9 billion share buyback to offset the expected earnings dilution from the agreed sale of the Germany life back book.


Zurich Insurance Group, Profit, First half 2022, Insurance, Mario Greco, Europe, North America, Global

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