U.S. Warns of Sanctions on European Firms and Insurers Over Russia’s Nord Stream January 13, 2021 By Timothy Gardner and Daphne Psaledakis The U.S. State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2...
Zurich Insurance Emphasizes Compliance Standards as U.S. Eyes Nord Stream Sanctions January 13, 2021 Zurich Insurance Group emphasized its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord Stream 2...
Pen Underwriting Extends Long-Term Partnership with Zurich to Provide Fleet Capacity January 7, 2021 Pen Underwriting, the UK-based managing general agent, announced a new long-term UK capacity deal with Zurich Insurance in the specialist...
Canada Reports 20-Year High in Overseas Investment in Insurance M&A December 17, 2020 By Maiya Keidan and Carolyn Cohn Canadian firms’ overseas investment in insurers hit a 20-year high this year boosted by Intact Financial’s joint agreement last month...
Zurich and Farmers Agree to Buy MetLife’s U.S. P/C Business for $3.94 Billion December 11, 2020 Zurich Insurance and Farmers Exchanges have agreed to buy MetLife’s U.S. property and casualty business for $3.94 billion, the insurers...
Zurich Insurance in Talks to Acquire MetLife Unit for $4 Billion November 22, 2020 By David French Switzerland’s Zurich Insurance Group AG is in advanced talks to acquire MetLife Inc.’s U.S. property and casualty (P&C) car and...
Flexible Work Could Boost Applications from Women for Senior Roles by 20%: Zurich November 17, 2020 Employers that embrace flexible working after the COVID-19 pandemic could boost applications from women for top jobs by as much...
Zurich Insurance Reports Sales Growth, Higher Rates, Modest COVID-19 Claims November 12, 2020 Zurich Insurance Group saw increased commercial lines insurance sales and a modest impact from COVID-19 related claims for the first...
UK Business Interruption Test Case to Get Fast-Track Appeal at Supreme Court October 5, 2020 By Kirstin Ridley and Carolyn Cohn A test case brought by Britain’s markets regulator against some of the world’s biggest insurers will jump straight to the...
Insurers, Policyholders, Analysts React to UK’s COVID-19 Business Interruption Ruling September 15, 2020 Insurers and observers are weighing in on the ruling by a London court in a test case brought by Britain’s...