Update: COVID-19 Business Interruption Claims Take Center Stage in London Court Case July 20, 2020 By Lucca de Paoli and Benjamin Robertson UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol,...
UK Insurers Aviva and RSA Report Higher H1 Profits, Shrug Off Brexit Fallout August 4, 2016 By Sarah Jones Insurers Aviva Plc and RSA Insurance Group Plc shrugged off any fallout from the Brexit referendum by reporting higher first-half...
Update: Zurich Reports 4Q Loss of $424M, vs. Profit of $860M in Q4 2014 February 11, 2016 By Jan-Henrik Förster Zurich Insurance Group AG reported a worse-than-expected loss in the fourth quarter as the company makes plans to turn around...
RSA Appoints Hancock to Lead Broker Relationships, Heiss as Chief Legal Officer January 27, 2016 RSA, announced that Derek Walsh, group general counsel, company secretary and global broker relationship director, has decided to leave RSA...
Zurich Names Generali’s Greco as CEO, with Task of Driving Turnaround January 26, 2016 By Jan-Henrik Förster, Jeffrey Vögeli and Sonia Sirletti Zurich Insurance Group AG hired Assicurazioni Generali SpA’s Mario Greco as chief executive officer, giving him the task of turning...
Zurich Insurance to Appoint Generali’s Greco as CEO: Swiss Newspaper January 11, 2016 By Roxana Zega and Elisa Martinuzzi Zurich Insurance Group AG will appoint Mario Greco, the head of its Italian rival Assicurazioni Generali SpA, as chief executive...
Group of UK Insurers Win BOE Approval for Solvency II Capital Requirements December 7, 2015 By Sarah Jones Prudential Plc, Aviva Plc and Legal & General Group Plc are among large U.K. insurers to win Bank of England...
Zurich Insurance Increases Job Cuts, Relocations by 1,800 December 3, 2015 By Jeffrey Vögeli Zurich Insurance Group AG, Switzerland’s biggest insurer, is increasing job cuts and relocations to a total of at least 1,800...
Zurich CEO Senn’s Departure May End Era of Generous Dividends December 2, 2015 By Jeffrey Vögeli As Zurich Insurance Group AG begins the search for a chief executive officer, investors may need to prepare for more...
Zurich CEO Senn Resigns; de Swaan Appointed to Interim Role After ‘Setbacks’ December 1, 2015 By Jan-Henrik Förster and Ross Larsen Zurich Insurance Group AG’s Chief Executive Officer Martin Senn resigned, acknowledging “setbacks” in recent months as losses forced the company...