Zurich disclosed its net investment result on group investments, which included net investment income, realised net capital gains, and losses and impairments, contributing $6.9bn to the group’s total revenues, down 6% on 2019.
The investment income yield of group investments fell to 2.7% compared with 3% for 2019. However, the company said it was partially offset by higher hedge funds.
The 2020 annual report, with detailed information on Zurich’s financial performance, will be published on 12 March.
Channels:Tax/accounting
Companies:Zurich