Preliminary pre-tax profit increased by 3% to CHF1.22bn for 2016. Net earned premiums were down by 4% to CHF13.2bn for 2016 compared to 2015. Investment result was down by 9% to CHF4.76bn in 2016. RoI was 3.3% for 2016 compared to 3.7% for 2015. Total income declined by 4% to CHF19.7bn in 2016. Insurance claims decreased by 9% to CHF14.1bn for 2016. Total expenses declined by 5% to CHF18.3bn in 2016. The tax ratio came down from 25% for FY2015 to 24% for FY2016. The net profit attributable to ....