Zurich Financial Services Profit Misses Forecasts

Zurich Financial Services' third-quarter profit missed expectations, despite the Swiss insurer reporting a 138% rise in profit. "These are challenging markets with the economic slowdown so you can see that in the decline in our revenue," CEO Jim Schiro said. "We're adequately pricing the risk … So we're able to maintain our levels of profitability."

CNBC | November 5, 2009

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