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...
Generali Set to Nominate Donnet as CEO, Succeeding Greco: Sources March 10, 2016 By Fabio Benedetti-Valentini and Sonia Sirletti Assicurazioni Generali SpA is set to propose Italy country manager Philippe Donnet as chief executive officer, replacing Mario Greco, who...
Zurich Insurance’s Ex-CEO Senn Received Remuneration of $6.3M in 2015 March 4, 2016 By L.S. Howard Zurich Insurance paid Martin Senn, its former CEO, 6.1 million Swiss francs ($6.3 million) during 2015, down from 7.2 million...