Zurich fell to the lowest in more than three years after Switzerlands biggest insurer put shareholders on notice that it expects a second straight quarterly loss in its general insurance business.
Zurich Insurance Group AG abandoned a $8.7 billion offer for RSA Insurance Group Plc as the Swiss company grapples with a surge in claims that will lead to a quarterly loss at its biggest unit.
DebugScreen: mobile
{
"author": {
"name": "Jeffrey Vogeli Bloomberg",
"webUrl": "/author/profile/jeffrey-vogeli-bloomberg/",
"description": "",
"imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g",
"estimate": 4,
"social": [],
"articles": [
{
"uri": "/2016/01/20/zurich-plunges-after-warning-of-loss-in-general-in/",
"title": "Zurich plunges after warning of loss in general insurance",
"byline": "Jeffrey Vogeli, Bloomberg, Jan-Henrik Förster, Bloomberg",
"kicker": "News",
"prettyDate": "January 20, 2016",
"timeToRead": "4 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/jeffrey-vogeli-bloomberg-jan-henrik-frster-bloomberg/",
"name": "Jeffrey Vogeli, Bloomberg, Jan-Henrik Förster, Bloomberg"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "Zurich fell to the lowest in more than three years after Switzerlands biggest insurer put shareholders on notice that it expects a second straight quarterly loss in its general insurance business.",
"body": null
},
{
"uri": "/2015/11/09/zurich-plans-to-cut-440-jobs-at-its-u-k-non-life-business/",
"title": "Zurich plans to cut 440 jobs at its U.K. non-life business",
"byline": "Sarah Jones, Bloomberg, Jeffrey Vogeli, Bloomberg",
"kicker": "News",
"prettyDate": "November 09, 2015",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/sarah-jones-bloomberg-jeffrey-vogeli-bloomberg/",
"name": "Sarah Jones, Bloomberg, Jeffrey Vogeli, Bloomberg"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "Zurich is also seeking to simplify its organizational structure.",
"body": null
},
{
"uri": "/2015/11/05/zurich-favors-spending-its-3-billion-on-purchases-over-a-payout/",
"title": "Zurich favors spending its $3 billion on purchases over a payout",
"byline": "Jeffrey Vogeli, Bloomberg",
"kicker": "News",
"prettyDate": "November 05, 2015",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/jeffrey-vogeli-bloomberg/",
"name": "Jeffrey Vogeli, Bloomberg"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "Zurich Insurance Group AG would rather invest the companys $3 billion in excess capital on acquisitions than return the cash directly to shareholders.",
"body": null
},
{
"uri": "/2015/09/21/zurich-drops-rsa-bid-as-rising-claims-hit-insurers-profit-414-9729/",
"title": "Zurich drops RSA bid as rising claims hit insurer’s profit",
"byline": "Jeffrey Vogeli, Bloomberg",
"kicker": "News",
"prettyDate": "September 21, 2015",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/jeffrey-vogeli-bloomberg/",
"name": "Jeffrey Vogeli, Bloomberg"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "Zurich Insurance Group AG abandoned a $8.7 billion offer for RSA Insurance Group Plc as the Swiss company grapples with a surge in claims that will lead to a quarterly loss at its biggest unit.",
"body": null
}
]
}
}