Zurich posts record results in 2007, proposes a substantial increase in its dividend and announces share buyback
February 26th, 2008
Zurich Financial Services Group (Zurich) reported on the 14th of February that excellent operating performances from all business segments resulted in both record business operating profit and net income in 2007.
These results demonstrate the Group’s ability to deliver on its stated strategy of driving strong operational improvements, targeting growth in profitable market segments, and deploying sophisticated capital, investment and risk management techniques.
“We may be operating in a difficult market environment, but the strength of our balance sheet, the diversity of our risk portfolio and our ability to execute on our strategy delivered excellent results in 2007.
"That makes us confident in our ability to continue driving success going forward,” remarked Zurich’s Chief Executive Officer James J. Schiro.
Entry Filed under: FINWIRE®
Trackback this post