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ZURN - Zurich Insurance AG News Story

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Sector
Financials
Size
Large Cap
Market Cap £40.41bn
Enterprise Value £44.96bn
Revenue £54.84bn
Position in Universe 19th / 1045

Zurich Insurance boosts operating profit 16%, ups dividend

Thu 13th February, 2020 5:59am
ZURICH, Feb 13 (Reuters) - Zurich Insurance Group  ZURN.S 
posted a 16% rise in 2019 business operating profit on Thursday
as it benefited from an improved business mix, lower volatility
and cost savings.
    Business operating profit was $5.3 billion, Europe's
fifth-largest insurer said, while net profit rose 12% to its
highest level since 2010.
    Zurich proposed raising its dividend to 20 Swiss francs per
share, below market expectations of 20.51 francs, according to
Refinitiv data.  urn:newsml:reuters.com:*:nL8N2AB0MM  

 (Reporting by Michael Shields; Editing by)
 ((zurich.newsroom@thomsonreuters.com; +41 58 306 7336;))
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