Preliminary net income attributable to shareholders decreased by 6% to $3.0bn for FY2017 compared to FY2016. Gross written premiums declined by 3% to $46.7bn for 2017 compared to 2016. The net investment result on group investments increased by 3% to $7.25bn for 2017 compared to 2016. RoI was unchanged at 3.8% in 2017. Net revenues declined by 5% to $64bn in the same period. Total expenses were down by 5% to $58.8bn in 2017. Pre-tax profit decreased by 4% to $5.13bn for 2017 compared to 2016.
08 Feb 2018
Net profit burdened by the hurricane season, dividend increase and share buy-back programme
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Net profit burdened by the hurricane season, dividend increase and share buy-back programme
Zurich Insurance Group Ltd (0QP2:LON) | 0 0 0.1% | Mkt Cap: 46,293m
- Published:
08 Feb 2018 -
Author:
Dieter Hein -
Pages:
2
Preliminary net income attributable to shareholders decreased by 6% to $3.0bn for FY2017 compared to FY2016. Gross written premiums declined by 3% to $46.7bn for 2017 compared to 2016. The net investment result on group investments increased by 3% to $7.25bn for 2017 compared to 2016. RoI was unchanged at 3.8% in 2017. Net revenues declined by 5% to $64bn in the same period. Total expenses were down by 5% to $58.8bn in 2017. Pre-tax profit decreased by 4% to $5.13bn for 2017 compared to 2016.