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Europe Daily Bulletin No. 7854

2 December 2000
Contents Publication in full By article 36 / 44
ECONOMIC INTERPENETRATION / (eu) finance

Swiss group ZURICH FINANCIAL SERVICES (gross volume of premiums $48 billion in 1999 with 68,000 employed and a foothold in over 60 countries) is to create with the Brazilian bank BANCO MERCANTIL of São Paulo a joint venture in the insurance field called FINASA ZURICH SEGUROS E PREVIDENCIA. The company will merge ZURICH BRAZIL SEGUROS (total premiums $45 million in 1999 with over 150 employed) and FINASA SEGURADORA (gross premium total $86 million in 1999 with 350 employed), the Brazilian...

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION