ZURICH, SWITZERLAND – Insurance company Zurich Thursday 10 May reports a 78 percent increase (dollars) in net income attributable to shareholders for the quarter ending 31 March, compared to a year earlier. The company’s business operating profit was $1.4 billion and net income after tax was $1.1b. The “strong performance”, as Zurich qualified the quarter’s [...]
Zurich benefits from less-disastrous world
May 10, 2012 by Ellen Wallace
Filed Under: Others Tagged With: catastrophes, first quarter 2012, insurance, Q1, weather, Zurich
Business: UBS profits down 54%, Swisscom takes a dip (update)
May 2, 2012 by Ellen Wallace
Investors see the silver lining in UBS’s gray cloud ZURICH, SWITZERLAND – Switzerland’s largest bank, UBS, turned in a glum first quarter financial report 2 May, showing a net profit of CHF828 million, down by 54 percent compared to the same period a year earlier. An accounting charge led to a loss at the investment [...]
Filed Under: Others Tagged With: apps, financial results, first quarter 2012, messaging, sales in Switzerland, smart phones, social networks, Swisscom, UBS
