Zurich reports 17% growth in Q2 profits

Mario Greco's turnaround plan at Zurich and the remediation
efforts of previous management showed signs of bearing fruit today
as the global insurer revealed a 17 percent increase in second
quarter group operating profits to $1.1bn.
Investors reacted positively to the ahead-of-consensus result,
with Zurich's share price up 4 percent as of 9:10 BST at
CHF252.8 ($259.1).
Net investment income climbed by 4.7 percent to $533mn in Q2,
with total gross written premiums up 9.7 percent at $9.4bn.
The ge