Zurich UK GI reports fall in GWP and profit

Stephen Lewis

Business operating profit fell to £146m in 2009, compared to £295m in 2008, while net earned premiums and policy fees for 2009 stood at just under £2bn.

In a statement, Zurich said: "UK general insurance delivered a robust operating performance in the midst of a number of unforeseen challenges in 2009 including the Cumbria floods in November 2009 and the well publicised claims-related issues in the personal lines motor segment."

Stephen Lewis, CEO, Zurich UK general insurance, commented, “2009

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