Analysts voice concern over Zurich
Analysts have become cautious about the future of Zurich after its
share price fell by more than 10 percent yesterday (20 January).
The Switzerland-based carrier issued a profit warning on
Wednesday which explained that it anticipated a $275mn loss related
to UK winter storms Desmond, Eva and Frank.
Furthermore, Zurich said it had experienced a very high level of
large current accident year losses in the fourth quarter related to
a large credit and surety loss, and several significant property..
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