ZURICH INSURANCE EARNINGS MOST LIKELY TO FALL - Thabiso Mochiko

Wed, 20 Aug 2008

ZURICH INSURANCE's headlines earnings a share for the half year to June are most likely to drop by between 25% and 35% compared with the corresponding period. The insurance group said the underwriting performance was affected by unseasoned storms and an underwriting result on the motor book. Last year the company reported a 24.5% growth in headline earnings to R89.7m.