NEW YORK, Feb. 10, 2011 /PRNewswire/ -- Get video and stills from Zurich at:
Zurich Financial Services Group (Zurich) today reported a business operating profit of USD 4.9 billion and net income of USD 3.4 billion for the year ended December 31, 2010 reflecting its strong focus on profitability and operating performance. Global Life and Farmers contributed to the Group's profitability through steady top-line growth coupled with strong profit margins. General Insurance's underlying performance under-scored the continued success of the Group's targeted pricing strategy. Results in General Insurance were affected by an above-average frequency of significant loss events, exceeding last year's total incurred losses from such events by over USD 600 million. Available content includes press release, general views, and images.
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Story Id: 21588