Insurance Industry Support of Carbon Removal Needed in Drive to Net Zero July 13, 2022 By L.S. Howard Ditching investments in fossil fuel businesses—and denying them insurance—aren’t the only ways for the insurance industry to participate in the...
Sick Montana Workers Allege Insurer Delaying Medical Payments March 25, 2022 By Matthew Brown Attorneys for Montana mine workers sickened and killed by toxic asbestos exposure filed a lawsuit against Zurich American Insurance this...
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,...
Businesses Should Prepare for Consequences of Climate Change, Zurich Says September 27, 2018 By Don Jergler Businesses should prepare for the physical consequences of a warming planet, according to a new report out from Zurich Insurance...
Zurich Launches Commercial Insurance Unit; Shea Named as Head September 21, 2016 By Jeffrey Vögeli Zurich Insurance Group AG named James Shea to head a new unit that will combine its global corporate and commercial...
Zurich Insurance Q2 Net Income Declines 12% on Restructuring, Nat Cats August 11, 2016 By Jan-Henrik Förster and Jeffrey Vögeli Zurich Insurance Group AG said second-quarter profit fell 12 percent on higher restructuring charges and claims from natural catastrophes as...
Zurich Buys MAA Takaful Berhad, Expanding in Malaysia Takaful Market June 30, 2016 Zurich Insurance Co. Ltd., a subsidiary of Zurich Insurance Group, has completed the acquisition of MAA Takaful Berhad (MAAT), a...
Credit Suisse Sells Operational Risk Bonds, Insuring Rogue Trading, Cyber Crime May 27, 2016 By Jan-Henrik Förster and Tom Beardsworth Credit Suisse Group AG sold 220 million Swiss francs ($222 million) of bonds designed to offload potential losses on events...
Zurich Canada Appoints Healey as Sr. VP, Distribution & Regional Management April 29, 2016 Zurich Canada has appointed Patrick Healey as senior vice president, Distribution and Regional Management. Healey will be responsible for leading...
Zurich Needs Clear, Simple Strategy to Rebuild Investor Trust: New CEO Greco March 11, 2016 By Jan-Henrik Förster Zurich Insurance Group AG needs a clear and simple strategy to rebuild investor confidence as the company tries to turn...