Zurich acts to stop the rot.
Last week, Zurich Financial Services announced a raft of job cuts, the group's biggest ever loss, and a rights issue to raise $2.5bn (£1.6bn) of capital. Anthony Gould looks at the impact of this on the UK general insurance arm.
Troubled Zurich Financial Services saw its shares creep up 8% at theend of last week. City analysts welcomed the outline action plan announced
by Jim Schiro, the group's recently installed chief
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