Zurich's 2011 cat losses may trigger aggregate reinsurance

Thailand floods

Zurich Financial Services expects the impact of the floods in Thailand and the increased cost of the earthquakes in New Zealand in the fourth quarter of 2011 to range between $200 and $250m (€189.9m).

This includes the benefit of recoveries from its global aggregate catastrophe reinsurance cover.

Based upon preliminary estimates, Zurich expects losses related to Thai floods to be between $250 -

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