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Zurich Q1 Net up 21% to $779 Million

International News • May 19, 2005
Zurich Financial Services Group reported strong growth in net income in the first quarter of 2005 with net income up 21 percent to $779 million, compared to $644 million in the first quarter of ...

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Subject: Zurich

Posted On: May 19, 2005, 9:47 am CDT
Posted By: gus
Comment:
All that money, and they still pulled back over a billion to reserves and failed to pay incentive bonuses. Now, how do they expect their wage slaves to remain incented if the key component of their compensationproagram is performance incetive pay, which they cleverly avoid paying by taking a record breaking year and moving the money to reserves?

I don't even work for Zurich and I feel sorry for them.
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Zurich gus
May 19, 2005, 9:47 am
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