Thursday, May 06, 2010

 

Zurich Profit Climbs 76% on Life-Insurance Sales

Zurich Financial Services AG, Switzerland’s largest insurer, said first-quarter profit increased 76 percent after it sold more life products.

Net income rose to $935 million from a restated $532 million a year earlier, the Zurich-based insurer said today in an e-mailed statement. That beat the $887 million average estimate of nine analysts surveyed by Bloomberg...

BusinessWeek: Zurich Profit Climbs 76% on Life-Insurance Sales

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