Brightbridge Wealth Management Headlines: Zurich Financial Squares Up to the Franc

http://brightbridgewealthmanagement-facts.com/2011/08/brightbridge-wealth-management-headlines-zurich-financial-squares-up-to-the-franc/

BY HESTER PLUMRIDGE

The strong franc hasn’t knocked all Swiss firms. Zurich Financial Services, the country’s biggest insurer, saw its shares rise 10% Thursday following better-than-expected first-half earnings of $2 billion. That helped ease fears that it might cut its dividend, as it did in 2008. But with the Swiss franc up 22% this year against the dollar, Zurich may yet face some tricky decisions.

Zurich Financial is particularly vulnerable to currency …