Zurich’s Thai flood and NZ quake losses trigger aggregate reinsurance
Zurich has said it expects the impact of the floods in Thailand and the increased cost of the earthquakes in New Zealand in the fourth quarter 2011 to range between $200m - $250m (£160m).
It said this benefitted from recoveries from Zurich's global aggregate catastrophe reinsurance cover in total.
Zurich said Thailand flood losses were between $250m - $300m. It said more restrictive
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