Zurich Insurance expects to pay 500m for Q1 catastrophes

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Zurich, Switzerland GenevaLunch - Five natural disasters in the Asia-Pacific region in the first three months of 2011 are likely to cost Zurich Financial Services Group 500 million, the company said in a statement Thursday 31 March. The figure represents an amount net of reinsurance and before tax. They are estimates only, the company cautions: ...

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