Sharma optimistic despite Zurich's 50% H1 profit fall

Vibhu Sharma

UK general insurance CEO of four months says focus will be on customers' needs.

Vibhu Sharma, CEO of Zurich's UK general insurance business, told Insurance Age that the company is financially strong despite operating profit falling by half year-on-year for the first six months of 2015.

The insurer's profit for the first half of the year was £50m representing a 50% fall from the £100m it posted for the same period in 2014.

Zurich put the fall down to the impact of a higher than average number of losses which was only partially offset by benign weather.

According to the

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