Insurance

Zurich delivers one of the best results in its history

Submitted by J. Mikhail on Fri, 05/20/2022 - 11:21
Zurich delivers one of the best results in its history; expects to meet or exceed all 2022 targets Group business operating profit (BOP) rises 35% to USD 5.7 billion in 2021; net income attributable to shareholders rises 36% to USD 5.2 billion Proposed dividend of CHF 22 per share, an increase of 10% on prior year Property & Casualty (P&C) BOP rises 50% to USD 3.1 billion; P&C combined ratio at 94.3%, the lowest level in the past 15 years Strong growth in P&C with gross written premiums (GWP), up 12% in commercial insurance and 8% in retail and SME like-for-like1