21-01-2016 11:48 via insuranceinsider.com

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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