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Zurich Insurance Group cautioned that it would be challenged to meet certain performance targets after posting a 27 percent fall in second-quarter net profit due to natural disaster payouts.

Zurich Insurance beat forecasts with a 3 percent rise in 2012 net profit after big fourth-quarter investment gains offset charges taken against its German business and Storm Sandy-related payouts.

Zurich Insurance beat forecasts with a 3 percent rise in 2012 net profit after big fourth-quarter investment gains offset charges taken against its German business and Storm Sandy-related payouts.

A stockholders revolt leading to the ouster of Generali Groups longtime chief executive has resulted in Zurich Insurance Group losing its CEO of General Insurance.

A stockholders revolt leading to the ouster of Generali Groups longtime chief executive officer has resulted in Zurich Insurance Group losing its CEO of General Insurance.

Zurich Financial Services Group says its 2011 fourth-quarter net income fell 46 percent to $557 million, but the companys net income for the year climbed 10 percent to $3.8 billion.

Zurich Financial Services Group says its 2011 fourth-quarter net income fell 46 percent to $557 million, but the companys net income for the year climbed 10 percent to $3.8 billion.

Pierre Wauthier has been named Zurich Financial Services Groups chief financial officer and member of the group executive committee.