Zurich Insurance Group 2005 profit surges
30 percent to a record high!
The parent company of our Condo Association Insurer,
Empire Indemnity Insurance Co., outdid analysts projections
and came in with a Net profit of $3.214 billion for 2005.
We can only hope they will relent and share a tiny portion
of this largesse with Pelican Pointe to allow us to finally
recover from our hurricane damages.
See more details in Reuters Article by
Douwe Miedema at this link: http://news.yahoo.com/s/nm/20060216/bs_nm/financial_zurich_dc_2;_ylt=AvybqSg3Yc7TbaDx.u64kb.b.HQA;_ylu=X3oDMTBidHQxYjh2BHNlYwN5bnN0b3J5
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