But new business and retention was up for the first of the year
Covid-19 claims pushed Zurich UK into the red for the first half of the year, with a reported operating loss of £63.
The insurer took a £212m hit from Covid-19-related items, which also pushed the half-year combined operating ratio into negative territory at 103.4%.
Read more…
We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.
Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:
Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.