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Zurich returns to profitability

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Magazine Issue: 
2016, a transitional year [3]
Magazine date: 
Jan 2017

Zurich Insurance is back to profitability in 2016. The annual net profit for the year was 74% higher than the 3.21 billion USD of the previous year. The combined ratio of non life insurance, the main indicator of the technical activity, is clearly improving, going from of 103.6% in 2015 to 98.4% in 2016.

The restructuring efforts undertaken by the Swiss insurer and the growth of life insurance, grouped together in general Insurance , were among the factors contributing to this good performance.

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Mon, 13/02/2017 - 11:05

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[3] https://www.atlas-mag.net/en/issue/2016-a-transitional-year
[4] http://www.atlas-mag.net/en/category/regions-geographiques/monde