• Net income attributable to shareholders decreased by 42% to $1.2bn for H1 20 • Estimated COVID-19 claims for FY2020 of $750m for P&C business were fully booked in H1 • The non-life combined ratio rose from 95.1% for H1 19 to 99.8% for H1 20 • RoE was 8.1% for H1 20 compared to 14.2% for H1 19
13 Aug 2020
Solid H1 20 figures in line with consensus expectations
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Solid H1 20 figures in line with consensus expectations
Zurich Insurance Group Ltd (0QP2:LON) | 0 0 0.1% | Mkt Cap: 46,293m
- Published:
13 Aug 2020 -
Author:
Dieter Hein -
Pages:
3
• Net income attributable to shareholders decreased by 42% to $1.2bn for H1 20 • Estimated COVID-19 claims for FY2020 of $750m for P&C business were fully booked in H1 • The non-life combined ratio rose from 95.1% for H1 19 to 99.8% for H1 20 • RoE was 8.1% for H1 20 compared to 14.2% for H1 19