Zurich 'delight' at growth figure
Zurich UK's general insurance business has reported marginal growth of 2% to nearly £2.1bn in gross ...
Zurich UK's general insurance business has reported marginal growth of 2% to nearly £2.1bn in gross written premiums for 2008 as well as an improved combined ratio of 95.7% (104.8% in 2007).
CEO Guy Munnoch described the results as extremely positive and said the figures reflected an "ongoing focus and drive to grow profitably".
"Any growth is great as long as it's profitable and we are delighted," he said. "Our position for 2009 is that we are prepared to shed income as a result of the rating
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insurer
Sompo targets mid-market tech with modular offering
Sompo has launched a modular product for mid-market UK clients aimed at technology and telecoms service providers, plus electronic product manufacturers and assemblers.
Marginal improvement but still only one-third of brokers have net zero plan
Only 35% of brokers have a plan to achieve net zero emissions, and/or are already implementing one, according to research by Aviva.
Aviva confirms Karen Dayal as commercial lines CUO
Aviva has named Karen Dayal as chief underwriting officer for commercial lines, reporting to UK and Ireland GI CEO, Jason Storah.
SRG drives into motorsport with Allianz hire
Specialist Risk Group’s managing general agent, MX, is on the starting grid for the launch of a specialist motorsport underwriting offering, and has added a new leader.
Only one in 10 consumers aware of ‘ghost broking’ threat
Ninety percent of people who have heard of online insurance fraud are unaware of the term ‘ghost broking’, according to the Association of British Insurers.
Ecclesiastical aims to help brokers with Independent Schools Risk Barometer
Ecclesiastical has launched The Independent Schools Risk Barometer 2024 to help brokers talk to clients in the sector about the biggest risks they face.
Uncorking the Great British wine market – the insurance of vineyards
David Harrison, viticulture specialist at NFU Mutual, shares his thoughts on meeting the insurance challenges facing the booming winery and vineyards sector.
Four insurers able to restart selling GAP insurance – FCA
The Financial Conduct Authority has confirmed that four insurers can restart selling guaranteed asset protection insurance after it took action in February and March to halt sales across the market.
Most read
- Industry pays tribute to former colleague Geoff Kitchen, who died on Singapore Airlines flight
- NSM to buy AllClear owner
- Reminder – The 2024 UK Broker Awards deadline is 7 June