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

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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