ZURICH--Zurich Insurance Group AG (ZURN.VX) Thursday said it
aims to boost profitability in some of its businesses over the
coming three years, but will consider selling those that
underperform.
"We recognize we are very strong in some areas but we lack scale
or profitability in others," chief executive officer Martin Senn
said in a statement Thursday, ahead of an investor day
presentation.
It will review its portfolio of businesses, improving the
profitability of some while either turning around or exiting those
that are underperforming, Mr. Senn said.
The Swiss insurer reiterated that it remains on track to achieve
some, but not all, of its targets set for 2010-2013.
Write to Neil Maclucas at neil.maclucas@wsj.com
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