Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

Zurich Insurance results beat expectations

Share this article

Zurich Insurance results beat expectations
Photo: ZIG
18:05 CET+01:00
Swiss insurer Zurich Insurance Group said on Thursday that net profit rose by three percent in 2012, reaching $3.9 billion, despite tough market conditions.

The figure beat analysts' forecasts of around $3.3 billion.
   
Zurich said that its revenues rose by 6.6 percent to $73 billion.
   
"We delivered a solid performance in 2012, a year characterized by ongoing economic challenges," the group's chief executive officer, Martin Senn, said in a statement.
   
Operating profit increased by four percent to reach $4.08 billion, while shareholders' equity on December 31st was $34.49 billion, up 10 percent from a
year earlier.

Get notified about breaking news on The Local

Share this article

Advertisement

From our sponsors

Is this the world's most international business school?

It's not just one of the world's leading business schools. It's also a chance for students to have a truly international undergraduate experience.

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement