• 05-NOV-2015

  • SOURCE: Zurich

Zurich reports BOP of USD 2.5 billion for first nine months of 2015, GI result in line with preliminary indications

Zurich headquarters in Zurich, Switzerland

• Q3 BOP of USD 256 million, down 79% compared with prior year; BOP for first nine months down 35% at USD 2.5 billion
• Q3 NIAS of USD 207 million, down 79% compared with prior year; NIAS for first nine months down 27% at USD 2.3 billion
• General Insurance combined ratio of 101.9% for the first nine months of 2015 and 108.9% for Q3; operational review has identified action plan with first steps taken
• Global Life delivered 18% growth in nine month BOP and new business sales at constant currency
• Farmers remains on track
• Strong solvency capital on all key metrics