Bloomberg

(Bloomberg) -- Zurich Insurance Group AG, Switzerland’s biggest insurer, posted a first-quarter profit that beat analysts expectations as Chief Executive Officer Mario Greco continues the overhaul of its biggest unit.

Net income fell 28 percent to $875 million, beating the $745 million estimate by 6 analysts surveyed by Bloomberg.

To contact the reporter on this story: Jan-Henrik Förster in Zurich at jforster20@bloomberg.net. To contact the editors responsible for this story: Neil Callanan at ncallanan@bloomberg.net, Ross Larsen

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