Net income attributable to shareholders made a jump to $912m for Q3 16 compared to $207m for Q3 15. Gross written premiums were down by 4% to $11.1bn for Q3 16 compared to the same period last year. The net investment result on group investments rose by 3% to $1.7bn for Q3 16. Insurance claims declined by 10% to $7.85bn in Q3 16. Pre-tax profit more than tripled from $453m for Q3 15 to $1.52bn for Q3 16. The tax ratio was down from 39% for Q3 15 to 35% for Q3 16. Net income attributable to sh
10 Nov 2016
Recovered Q3 net profit beats expectations
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Recovered Q3 net profit beats expectations
Zurich Insurance Group Ltd (0QP2:LON) | 0 0 0.1% | Mkt Cap: 46,293m
- Published:
10 Nov 2016 -
Author:
Dieter Hein -
Pages:
2
Net income attributable to shareholders made a jump to $912m for Q3 16 compared to $207m for Q3 15. Gross written premiums were down by 4% to $11.1bn for Q3 16 compared to the same period last year. The net investment result on group investments rose by 3% to $1.7bn for Q3 16. Insurance claims declined by 10% to $7.85bn in Q3 16. Pre-tax profit more than tripled from $453m for Q3 15 to $1.52bn for Q3 16. The tax ratio was down from 39% for Q3 15 to 35% for Q3 16. Net income attributable to sh