Market Overview

Zurich Insurance Q3 Net Profit Down 62%

Share:
Related ZURVY
Zurich Insurance Posts Drop In Net Income
Credit Suisse Adds 10 Names To European 'Top Picks'
Zurich Insurance Group's (ZURVY) CEO Tom de Swaan on Q4 2015 Results - Earnings Call Transcript (Seeking Alpha)

Zurich Insurance Group AG (OTC: ZURVY) reported a 62% decline in its third-quarter net profit.

Zurich Insurance's quarterly net profit dropped to $477 million, from $1.24 billion, in the year-ago period. Its business operating profit fell to $733 million from $1.12 billion.

Zurich Insurance's net profit for the 9 months declined to $2.7 billion from $3.2 billion.

Zurich Insurance shares closed at $24.37 yesterday.

Posted-In: profitEarnings News

 

Related Articles (ZURVY)

Get Benzinga's Newsletters