Swiss Re Expects Hit of Less Than $700 Million From Los Angeles Wildfires February 27, 2025 By Tom Sims and Paul Arnold Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million...
Swiss Re, Allianz, Other European Financial Services Firms Turn Their Backs on Russia March 14, 2022 By Tom Sims, Simon Jessop and Paul Arnold Allianz and Swiss Re said on Monday they were cutting back on Russian business as European financial institutions turn their...
Zurich Insurance Reports 35% Increase in 2021 Operating Profit to $5.7 Billion February 10, 2022 By Carolyn Cohn and Paul Arnold Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday,...
Zurich Insurance CEO Backs Carbon Tax and Public-Private Cyber Partnership August 13, 2021 By Paul Arnold and Michael Shields Zurich Insurance Chief Executive Mario Greco wants governments to levy a carbon tax and remove the incentive for socially irresponsible...
Government and Benefactors, Not Insurers, to Bear Cost of Notre Dame Rebuilding April 16, 2019 By Noor Zainab Hussain and Paul Arnold Major European insurers expect France to bear the bulk of the cost of rebuilding the Notre-Dame Cathedral after a fire...
Reinsurers Seek Higher Returns Through Customized Business March 20, 2017 By Brenna Hughes Neghaiwi and Paul Arnold Reinsurer Swiss Re, usually involved in mega-deals on natural disaster coverage, is branching out on its own to do individually...
Senn, Ex-CEO of Zurich Insurance, Commits Suicide May 30, 2016 By Michael Shields and Paul Arnold Former Zurich Insurance boss Martin Senn has committed suicide six months after leaving the company under a cloud, a tragedy...
Integrity of ‘Green Bond’ Market Could Be at Risk October 15, 2014 By Alice Baghdjian and Paul Arnold The integrity of the fast-growing “green bond” market is at risk unless a clear definition of what passes for green...
Review of Zurich Finance Chief’s Suicide Clears Ackermann November 5, 2013 By Alice Baghdjian and Paul Arnold Zurich Insurance finance chief Pierre Wauthier did not come under “undue pressure” before his suicide, the firm said on Monday,...
Zurich Ad Campaign Seeks to Restore Insurer to Normality September 16, 2013 By Alice Baghdjian and Paul Arnold By rolling out television, print and billboard marketing campaigns on Monday, Zurich Insurance is aiming to advertise business as usual...