Latest Zurich Headlines
All the headlines from our Zurich Topic Page, ordered by recency.
Update: Zurich Insurance Will No Longer Underwrite New Oil Exploration Projects
Nov 18 2021 // Zurich Insurance Group will no longer underwrite new greenfield oil exploration projects, Europe’s fifth-largest insurer said on Thursday in an investor day presentation that sought to burnish its green...
Zurich American Acquires Texas-Based Special Insurance Services
Nov 12 2021 // Zurich American Insurance Company, a provider of insurance products and services to businesses in multiple industries, has signed an agreement to acquire Special Insurance Services, Inc., a Texas-based program manager...
Cyber Insurtech BOXX Raises US$10M From Zurich Insurance and 2 Other Investors
Sep 22 2021 // BOXX, the Toronto-based cyber insurer for small businesses, individuals and families, announced it has closed its oversubscribed US$10 million (C$12.7 million) Series A-round in a bid to accelerate growth and expand its...
Zurich Insurance Weighs Selling Some Australian Non-Core Assets
Sep 17 2021 // Zurich Insurance Group AG is considering a sale of some of its general insurance assets in Australia as the Swiss firm seeks to streamline its portfolio, according to people familiar with the matter. The insurer is working...
Zurich Insurance CEO Backs Carbon Tax and Public-Private Cyber Partnership
Aug 13 2021 // Zurich Insurance Chief Executive Mario Greco wants governments to levy a carbon tax and remove the incentive for socially irresponsible companies to maximize profits by polluting the environment, he told...
Zurich Insurance Reports Strong Surge in Earnings as COVID-19 Impact Eases
Aug 12 2021 // Zurich Insurance Group’s on Thursday joined other big European insurers in reporting a strong rebound in earnings as the impact from COVID-19 on their businesses eased. Buoyant markets along with higher policy sales...
Zurich Insurance Nearing Deal to Buy Deutsche Bank’s Italian Advisers Unit: Sources
Aug 3 2021 // Zurich Insurance Group AG is nearing a deal to buy Deutsche Bank AG’s Italian financial promoters network, according to people familiar with the matter. Zurich has emerged as the leading candidate to buy DB Financial...
Swiss Markets Watchdog FINMA Names Angehrn from Zurich Insurance as Next CEO
Jul 13 2021 // ZURICH – Switzerland’s markets watchdog FINMA on Tuesday named Zurich Insurance chief investment officer Urban Angehrn as its new boss, tapping an insurance industry veteran to lead the financial...
People Moves: Allstate’s Chauhan Heads Zurich NA Strategy; AGCS Expands Executive Team With Laufer, Pignataro
Jun 7 2021 // Neeren Chauhan has been named head of Strategy, Innovation & Business Development for Zurich North America. Chauhan joins Zurich after serving as vice president, Distribution Transformation and Market Share Growth, for...
Zurich Insurance Expects Limited Exposure to Greensill Collapse
May 12 2021 // Zurich Insurance does not expect to have a major exposure to the failure of supply chain financing firm Greensill Capital, the insurer’s chief financial officer said on Wednesday after it reported solid first-quarter...
Zurich Insurance Deepens Climate Change Strategy
Apr 1 2021 // Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the Paris Agreement’s goals to limit global warming. Targets will include its own internal operations,...
Zurich NA Names Heintz Underwriting Manager for South Central Region
Mar 9 2021 // Jim Heintz has been appointed as underwriting manager for property/casualty insurer Zurich North America’s South Central area. In his role as underwriting manager for the South Central area, Heintz will be...
Zurich North America Names Aviva’s Kundi as Canada Chief Risk Officer
Feb 25 2021 // Sonia Kundi has joined the Zurich North America Group Risk Management team as Canada chief risk officer, effective immediately. She reports to North America Chief Risk Officer Colleen Zitt and will be a member of her...
Zurich Insurance Appoints De Nil as CEO of Nordics
Feb 19 2021 // Zurich Insurance Group has appointed Dirk De Nil as CEO of Nordics, in addition to his current role as CEO Benelux, expanding his management responsibility in the Europe, Middle East and Africa region. He succeeds David...
Zurich Insurance to Stop Insuring Russia’s Nord Stream 2 Project: Sources
Jan 19 2021 // Zurich Insurance Group will drop out of Russia’s Nord Stream 2 project in the face of looming U.S. sanctions against European companies that support construction of the $11 billion gas pipeline, two sources familiar...
Zurich Insurance Emphasizes Compliance Standards as U.S. Eyes Nord Stream Sanctions
Jan 13 2021 // Zurich Insurance Group emphasized its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord Stream 2 gas pipeline project. The U.S. State Department has warned European companies...
Zurich Insurance in Talks to Acquire MetLife Unit for $4 Billion
Nov 22 2020 // Switzerland’s Zurich Insurance Group AG is in advanced talks to acquire MetLife Inc.’s U.S. property and casualty (P&C) car and home insurance unit for close to $4 billion, according to people familiar with...
Zurich Insurance Reports Sales Growth, Higher Rates, Modest COVID-19 Claims
Nov 12 2020 // Zurich Insurance Group saw increased commercial lines insurance sales and a modest impact from COVID-19 related claims for the first nine months of the year, according to its third quarter report. Growth was supported by...
Zurich North America Connects Its Attorneys With Pro Bono Needs in Illinois
Oct 26 2020 // Insurer Zurich North America is collaborating with the digital legal company Paladin to connect Zurich’s attorneys with pro bono service opportunities. Approximately 97% of respondents to a recent survey by Legal...
Zurich Insurance Supports Reforestation in Brazil’s Atlantic Forest With 1 Million Trees
Sep 21 2020 // Zurich Insurance Group said it will sponsor a reforestation project in Brazil to convert barren farmland back into native forest that is rich in plant and animal life. The eight-year project will help to restore...
