Zurich profits down 47%

"Zurich has posted its 2008 results with net income down 47% on year to $3 billion.
The Swiss insurer’s fourth quarter profits were hit particularly hard, down 87% to $205 million compared to $1.53 billion in the year ago period.
Combined ratio for general insurance worsened to 98.1%, compared to 95.6% in 2007.
General insurance gross premiums and [...]" (2009-2-6)
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