Zurich reports business operating profit of USD 2.6 billion for the first half of 2014
• H1 BOP of USD 2.6 billion, up 15% compared with prior year; Q2 BOP of USD 1.2 billion, up 32% compared with prior year • H1 NIAS of USD 2.1 billion, up 14% compared with prior year; Q2 NIAS of USD 837 million, up 6% compared with prior year • BOPAT ROE 12.5%, up from 12.1%, or 0.4 pts compared with prior year • H1 combined ratio1 of 96.1%, an improvement of 2.0 pts compared with prior year; Q2 combined ratio of 95.7%, an improvement of 3.4 pts compared with prior year • Improving accident year combined ratio; good progress with turnaround and exit businesses in General Insurance • Global Life in-force management initiatives under way, priority markets growth strategy progressing • Positive trends continue at Farmers Exchanges • Cash remittances for full year expected to be above USD 3.5 billion
Select financial highlights – half year (H1) and second quarter (Q2) of 2014
(For a more comprehensive set of financial highlights covering the six months ended June 30, see page 7 of the news release)
Link to full news release on our website