Zurich Insurance Group AG (ZURVY) reported higher fourth-quarter 2012 net income after tax attributable to shareholders of $983 million, compared with the prior year's $540 million. On a per share basis, quarterly earnings were $6.21, significantly higher than $3.24 in the year-ago quarter.
Business operating profit, however, fell 42% year-on-year to $569 million, from $985 million. In addition, the company proposed a dividend of 17 Swiss Francs per share.
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