• 06-NOV-2014

  • SOURCE: Zurich

Zurich reports business operating profit of USD 3.8 billion for the first nine months of 2014

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• Q3 BOP of USD 1.2 billion, down 6% compared with prior year, and first nine months BOP of USD 3.8 billion, up 7% compared with prior year

•Q3 NIAS1 of USD 928 million, down 16% compared with prior year, and first nine months NIAS of USD 3.0 billion, up 3% compared with prior year

• Combined ratio of 96.6% for the first nine months, an improvement of 1.2 percentage points compared with prior year

• Continued improvement in General Insurance accident year profitability

• Global Life maintains strong progress in bank distribution channel

• Farmers Exchanges return to growth in Q3

• Very strong solvency capital on all key metrics