• 12-FEB-2015

  • SOURCE: Zurich

Zurich reports business operating profit of USD 4.6 billion for 2014 and proposes dividend of CHF 17

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• BOP of USD 4.6 billion, down 1% compared with prior year

• NIAS of USD 3.9 billion, down 3% compared with prior year

• Combined ratio of 97.3%, an improvement of 0.7 pts compared with prior year

• BOPAT ROE 11.1%, down from 11.6% in the prior year

• Good progress in improving General Insurance accident year profitability; further improvement needed in 2015 and beyond

• Global Life progressing bank distribution and priority market growth strategy; implementing in-force management initiatives

• Farmers on right track; growth continued in fourth quarter

• Strong cash remittance and capital position; dividend of CHF 17 per share proposed for 2014

• Cecilia Reyes named as Regional Chairman of Asia Pacific


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