ZFS estimates its Kyrill losses at $150 million
Posted On: Feb. 14, 2007 12:00 AM CSTZURICH, SwitzerlandZurich Financial Services Group said that it expects pre-tax claims for Winter Storm Kyrill to be no more than $150 million.
The estimate is well within the company's net retention levels, ZFS said in a statement.
The storm hit Europe on January 18, mainly affecting Germany and the United Kingdom.