In Both Hard and Soft Markets, Zurich Aims to Maintain Focus on Underwriting Discipline January 20, 2022 By L.S. Howard Zurich Insurance Group has worked hard to turn around its financial results over the past five years by bringing underwriting...
‘Cybersecurity Failure’ Named a Critical Global Threat in WEF Survey Report January 13, 2022 By L.S. Howard “Cybersecurity failure” was identified as a critical short-and-medium-term threat to the world by respondents of the World Economic Forum’s Global...
Zurich Insurance to Sell Italian Life and Pensions Back Book to Portugal’s GamaLife January 3, 2022 Zurich Insurance will release about $1.2 billion of capital by selling its Italian life and pensions back book to Portuguese...
Zurich Insurance to Acquire Conversational AI Company AlphaChat December 16, 2021 Zurich Insurance Group agreed to acquire Estonia-based company AlphaChat, which provides conversational artificial intelligence (AI) technology for customer service automation,...
Update: Zurich Insurance Will No Longer Underwrite New Oil Exploration Projects November 18, 2021 Zurich Insurance Group will no longer underwrite new greenfield oil exploration projects, Europe’s fifth-largest insurer said on Thursday in an...
EU Regulator Says Insurers Could Face Climate Stress Tests as Soon as 2023 November 4, 2021 By Carolyn Cohn and Huw Jones LONDON – Insurers could face European climate stress tests as soon as 2023, the head of the EU’s insurance regulator...
UK Baker Greggs Files $137M Claim Against Zurich Over COVID-19 Payout November 1, 2021 By Bill Lehane UK baker Greggs Plc filed a $137 million (£100 million) legal claim against Switzerland’s Zurich Insurance Group in a disagreement...
Zurich Insurance Weighs Selling Some Australian Non-Core Assets September 17, 2021 By Manuel Baigorri Zurich Insurance Group AG is considering a sale of some of its general insurance assets in Australia as the Swiss...
People Moves: AXA XL’s Coletti Heads Swiss Re’s New Cyber U/W Team; Zurich Promotes Mantero to Chief Strategy Officer; Everest Names Citigroup’s Modin Pres., Mt. Logan Re September 3, 2021 This edition of International People Moves covers appointments at Swiss Re, Zurich Insurance and Everest Re Group subsidiary, Mt. Logan...
People Moves: QBE Hires Swiss Re’s Mejia for LatAm Property U/W; Zurich Names Kasahara Chief Data Officer; Occam’s Green Joins Rokstone to Head Power Generation August 26, 2021 This edition of International People Moves details appointments at QBE International, Zurich Insurance, and MGA Rokstone. A summary of these...