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Zurich Insurance policies 2021 Small business Running Profit $5.74B

Jasmine Andrade
Business
February 10, 2022
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By Olivia Bugault

Zurich Insurance policy Group AG said Thursday that its running profit jumped in 2021, with expansion in all its divisions.

Complete-yr small business running earnings at the Swiss insurance company came to $5.74 billion, up from $4.24 billion in 2020.

“Advancement was attained in all segments, with industrial coverage in unique benefiting from disciplined underwriting, greater prices and an raise in new business enterprise,” it stated.

Web revenue following tax attributable to shareholders rose 36% to $5.2 billion, the firm mentioned.

Its residence and casualty gross penned premiums rose 13% at $40.12 billion in 2021, it explained.

Zurich Insurance policies declared a dividend of 22 Swiss francs ($23.79) for each share, up 10% from the prior yr it mentioned.

It stated it expects to reach or exceed its 2022 targets.

Generate to Olivia Bugault at [email protected]

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