Zurich Global Corporate loss narrows in Q4

Zurich Global Corporate reported an operating loss of $38mn in
the fourth quarter, though group profits rose 167 percent
year-on-year.
The global corporate result marked an improvement on the $82mn
loss suffered by the division in the fourth quarter of 2015.
The specialty segment reported a combined ratio of 115.2
percent, the same figure as reported last year.
However, the loss ratio demonstrated a 2.8 point improvement on
the prior-year figure as it fell to 89.6 percent.
While gross written...