Zurich Renames Political Risk Group

October 25, 2000

Zurich U.S., a subsidiary of the Anglo-Swiss group Zurich Financial Services , announced that it will rename its Political Risk Unit as Zurich Emerging Markets Solutions, to reflect “the group’s commitment to provide innovative solutions to infrastructure developers, financial institutions and capital markets investors as they expand their investments in emerging markets.”

Political risks will remain the core products of the renamed unit, including coverages dealing with political violence, expropriation, currency inconvertibility and alternative risk transfers.

Zurich Emerging Market Solutions will operate from offices in Washington D.C. and London. It’s managing director, Daniel Riordan stated, “Renaming the group is illustrative of Zurich’s vision to provide comprehensive insurance solutions that address the broader needs of our clients as they pursue opportunities in emerging markets.”

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