Zurich Financial Services Group bucked the trend of most insurers and reported a profit for the first half of the year, reporting a slight drop in its combined ratio despite the falling prices affecting the industry.
The Zurich, Switzerland-based company reported net income increased $5 million to $2.68 billion for the first six months of the year. This translated into an earnings per share increase of 68 cents a share to $18.99 a share.
The company did not report quarterly results.
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