Zurich Insurance Expects Limited Exposure to Greensill Collapse May 12, 2021 By Carolyn Cohn and Michael Shields Zurich Insurance does not expect to have a major exposure to the failure of supply chain financing firm Greensill Capital,...
Many Climate Scientists Moving from Fieldwork to Jobs in Financial Services April 16, 2021 By Iain Withers, Carolyn Cohn and Simon Jessop LONDON – Environmental scientist Laura Garcia Velez cut her teeth on projects to help Ethiopian farmers insure crops for drought...
Zurich Insurance Deepens Climate Change Strategy April 1, 2021 Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the...
Zurich Debuts Global Business Unit Focused on Evolving Risks March 19, 2021 Zurich Insurance Group created a new business unit designed to help customers address evolving risks. The global business unit, Zurich...
France’s AXA Drops German Power Giant RWE as a Client over Large Coal Operations March 12, 2021 By Alastair Marsh and Vanessa Dezem AXA SA, France’s biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights...
Canada’s Trans Mountain Pipeline Wants to Keep Insurers Secret from Project Protestors March 11, 2021 By Robert Tuttle Trans Mountain Pipeline LP is petitioning to keep the insurers of its controversial Canadian oil sands pipeline confidential as environmental...
Zurich Promotes Signorelli to CEO of Commercial Insurance March 4, 2021 Zurich Insurance Group has appointed Sierra Signorelli, currently group chief underwriting officer, to the role of chief executive officer for...
15 Insurers Stop Doing Business with Nord Stream 2 Pipeline to Avoid Sanctions: Reuters February 24, 2021 By Timothy Gardner Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas...
Munich Re Stops Insuring Nord Stream 2 Pipeline on Fears of U.S. Sanctions February 23, 2021 A subsidiary of Germany’s Munich Re will no longer insure the Nord Stream 2 pipeline from Russia to Europe amid...
Zurich 2020 Profit Drop of 8% Reflects Pandemic, Catastrophe Claims February 12, 2021 By Brenna Hughes Neghaiwi Zurich Insurance’s new capital target disappointed market expectations on Thursday, even as claims related to the COVID-19 pandemic and higher...