Brought to you by Investec Switzerland. Shares of Zurich Insurance Group AG headed for the biggest gain in more than four years after Switzerland’s biggest insurer posted a first-quarter profit that beat analyst expectations. The stock rose as much as 5.6 percent, and was trading 5.4 percent higher at 228 francs as of 11:24 a.m. […]
Zurich insurance hit hard by storms
Brought to you by Investec Switzerland. Zurich Insurance Group AG expects its biggest unit to record a second straight quarterly loss after estimating it will pay out $275 million to cover damage claims from storms in the U.K and Ireland. The general insurance unit is expected to post an operating loss of about $100 million […]