UK general insurance operating profit increases 26%, group results show
Zurich’s UK general insurance business reported a combined operating ratio of 95.5% in 2014, group results show.
This is a 2.9 percentage point improvement on the 98.4% it reported in 2013.
The UK general insurance business operating profit in 2014, as reported by the group this morning, was $282m (£185m), up 26% on the $224m reported for 2013.
The underwriting profit more than tripled to $119m from $38m.
Gross written premium increased by 7.7% to $2.8bn (2013: $2.6bn).
More to follow.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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