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Zurich Insurance Group's profits declined 8 percent year-on-year due to losses stemming from the COVID-19 pandemic and higher catastrophe claims, despite witnessing strong growth in its commercial insurance business. The CEO, however, is confident that the group is well-positioned to benefit from the improved pricing momentum in 2021.
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Zurich, Q4, 2020 Results, Insurance, Reinsurance, Commercial, Mario Greco, Europe
