Zurich's profit falls in 2020 despite lift from commercial insurance

11-02-2021

Zurich's profit falls in 2020 despite lift from commercial insurance

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.


Zurich, Q4, 2020 Results, Insurance, Reinsurance, Commercial, Mario Greco, Europe

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