Tsunami and hurricane disasters costs Zurich €144m

Swiss insurance giant Zurich Financial Services today said the Asian tsunami and a string of hurricanes would cost it $185m (€144m) in the fourth quarter.

Tsunami and hurricane disasters costs Zurich €144m
Mon, 07 Feb, 2005 - 14:08

Swiss insurance giant Zurich Financial Services today said the Asian tsunami and a string of hurricanes would cost it $185m (€144m) in the fourth quarter.

The group, which owns the Eagle Star and Allied Dunbar brands, said it expected claims from the St Stephen's Day disaster to reach about $65m (€50m) after taxes.

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CourtsBusinessHeathrowPlace: ZurichPlace: USPlace: CaribbeanPlace: North AmericaPlace: EuropePlace: IrishPlace: UKPlace: South AfricaPerson: FrancesPerson: IvanEvent: AsianEvent: St Stephen's Day disasterOrganisation: Zurich Financial ServicesOrganisation: Eagle StarOrganisation: Allied DunbarOrganisation: Zurich FinancialOrganisation: Zurich
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