Bern, Switzerland (romandie/ats, Fre) – A driver who denies the charges is in court this week after being accused of making CHF95,000 over a 10-year period by provoking accidents and then collecting money for his “damaged” car, which was already damaged.
Zurich, Switzerland (GenevaLunch) – Swiss Life, Switzerland’s largest life insurance company, will cut its workforce in Switzerland by 200 in 2009, nearly a quarter of the firm’s employees.
Zurich, Switzerland (GenevaLunch) – Zurich has announced a $4.2 billion profit for the third quarter of 2008 and net income of $2.8b, despite what it calls “extreme market conditions.”
Zurich, Switzerland (GenevaLunch) – Swiss Re, one of the world’s top 10 insurance companies and a world leader in risk insurance, surprised the financial world Tuesday with its announcement of a third quarter net loss of CHF304 million, but it insisted that its “balance sheet is strong, and the company’s capital adequacy remains at very high levels.”
Geneva, Switzerland (Tribune de Geneve, Fre) – Geneva had 558 car stolen in 2007, reports the Tribune, and the makes that were most popular with thieves were Volkswagen, Opel and Peugeot.
