Zurich Chairman Tom de Swaan News

Ex-Swiss Re CEO Liès to Be Named Chair of Zurich Insurance, Succeeding de Swaan

Zurich Insurance Group’s board of directors announced it will elect the former group CEO of Swiss Re, Michel M. Liès, as its new chairman. The election will be held at the group’s annual general meeting on April 4, 2018. He …

Update: Zurich Reports 4Q Loss of $424M, vs. Profit of $860M in Q4 2014

Zurich Insurance Group AG reported a worse-than-expected loss in the fourth quarter as the company makes plans to turn around its unprofitable general insurance unit. The net loss was $424 million compared with a profit of $860 million a year …

Zurich Insurance Increases Job Cuts, Relocations by 1,800

Zurich Insurance Group AG, Switzerland’s biggest insurer, is increasing job cuts and relocations to a total of at least 1,800 at the company reduces costs and overhauls its biggest unit. The company will move 300 positions in group operations out …

Zurich CEO Senn’s Departure May End Era of Generous Dividends

As Zurich Insurance Group AG begins the search for a chief executive officer, investors may need to prepare for more than a new face. An end to the company’s generous dividends could also be on the horizon. Switzerland’s biggest insurer …

Zurich CEO Senn Resigns; de Swaan Appointed to Interim Role After ‘Setbacks’

Zurich Insurance Group AG’s Chief Executive Officer Martin Senn resigned, acknowledging “setbacks” in recent months as losses forced the company to abandon a high-profile takeover bid for RSA Insurance Group Plc. Chairman Tom de Swaan has been named interim CEO …