UPDATE 1-Zurich Insurance feels sting of strong dollar, low interest rates

May 7, 2015 5:36 AM

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May 7 (Reuters) - Zurich Insurance Group AG reported a 6 percent decline in first-quarter business operating profit, hampered by a strong dollar and rock-bottom interest rates that flattened investment returns.

Europe's fifth biggest insurer, like its rivals, has been struggling with low interest rates and weak economic growth in its very mature and saturated home market.

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