Zurich Financial Services is set to receive a £1.5bn cash injection in a bid to tighten its depleted capital base.
Amid confusion over Zurich's plans to restore profitability, analysts are divided ...
Zurich Financial Services is set to receive a £1.5bn cash injection in a bid to tighten its depleted capital base.
Amid confusion over Zurich's plans to restore profitability, analysts are divided over how much investment is needed.
Zurich is set to announce half-year losses in the region of £100million on Thursday, as a result of the fallout from September 11. Standard & Poor's recent credit rating warning has fuelled pressure on Zurich's investors.
The cash call is expected to be the first of many in the sector since volatile stock market conditions began draining insurers' strength.
According to Standard & Poor's, it is one of 20 companies around the world which is being monitored closely.
