Zurich's six month profit halves to £50m
COR for the start of 2015 rises to 98.9% compared to 92.2% a year ago.
Zurich's operating profit for its UK general insurance division fell by 50% to £50m in the first half of 2015 compared to £100m in the same period last year.
The business put the fall down to the impact of a higher than average number of losses being only partially offset by benign weather.
The insurer's combined operating ratio (COR) came in at 98.9% for the first six months of the year (H1 2014: 92.2%) and was also impacted by the losses.
Zurich posted gross written premium (GWP) of £823m down
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