In the Feb. 10, 2011, article regarding Zurich Financial Services’ results for the year ended Dec. 31, 2010, ¾ÅÉ« incorrectly stated information regarding the Farmers Exchanges, which are managed but not owned by Farmers Group Inc., a wholly-owned subsidiary of Zurich Financial Services Group.
In the article, ¾ÅÉ« incorrectly reported that the Farmers Exchanges in 2010 experienced a decline in gross premiums written when, in fact, the Farmers Exchanges in 2010 experienced an increase in premiums.
Growth at the Farmers Insurance Exchanges was driven by the contribution from 21st Century Insurance Co., which was acquired by Farmers in 2009.
¾ÅÉ« regrets reporting this incorrect information. The Feb. 10 article has been corrected.
Topics Agribusiness
Was this article valuable?
Here are more articles you may enjoy.
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency
Amish Mother and 6 Children Killed in Explosion and Fire at Pennsylvania Home
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market 

