Zurich blames currency movements for global profits dip
Zurich posted a $174m (£114m based on today's exchange rate) fall in general insurance pre-tax profits to $706m in the first quarter of 2015, a drop of 20%.
Highlighting the recent strength of the dollar, on a local currency basis the drop was 16%. Zurich said the drop "mainly" reflected "one-off pension and currency gains in the prior year".
In addition
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