Zurich UK CEO optimistic about personal lines

illustration of money plant growing from the soil

Dave Smith says rise in GWP due to growth in personal lines.

Zurich UK's CEO, Dave Smith, is confident that the performance of the provider's personal lines business can help sustain growth for the insurer.

He spoke to Insurance Age as the company unveiled its full-year results for 2014 which show operating profit increased 19.5% to £171m set against the previous 12-months period.

Gross written premium (GWP) rose by 2.2% last year to £1.71bn and the firm's combined ratio improved by 2.9% to 95.5%.

Zurich has experienced falling GWP in recent years due to

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