NU Online News Service, May 7, 3:46 p.m. EDT
Zurich Financial Services reported a 2009 first quarter net income of $362 million, a 75 percent drop from the 2008 first quarter figure of $1.4 billion.
The Swiss insurer suffered more than $1 billion in net capital losses on investments, and the company also saw its general insurance gross written premiums fall by 12 percent, compared to the previous year's first quarter.
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