Zurich Sees Hardening Rates, Improving Terms – in Market Not Seen Since 2002 January 13, 2020 By Patrick Winters Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost...
Zurich CEO Says Big Transnational M&As Won’t Solve Industry Fragmentation: Report December 2, 2019 The European insurance sector is too fragmented but large cross-border deals are not the solution to the problem, the head...
Zurich Adds Cyber Endorsements for Manufacturing Industry November 15, 2019 Zurich Insurance has rolled out new, industry-specific endorsements to its cyber insurance policy designed to expand coverages provided to the...
Few Hong Kong Firms Have Riot Insurance so They’ll Be Paying for Protest Damages October 21, 2019 By Sumeet Chatterjee and Clare Jim Hong Kong’s businesses will likely foot the bill for vandalism inflicted over the past four months during the territory’s most...
Brexit Creates Opportunities for Specialist Legacy Acquisition Insurers October 18, 2019 By Carolyn Cohn Britain’s impending departure from the European Union is creating expansion opportunities for specialist general insurers who buy and manage policies...
Cyber-Attacks Named as Top Business Risk in U.S., Canada and Europe, by WEF Survey October 1, 2019 By L.S. Howard Cyber-attacks are named as the leading risk for business executives in the United States, Canada and Europe, according to a...
Zurich Insurance Taps Giger from Swiss Regulator, FINMA, as Group Chief Risk Officer September 20, 2019 Zurich Insurance Group announced that Peter Giger will join the group on Oct. 1, 2019, as group chief risk officer...
Re/insurers Rethink Climate Change Risks as Losses Grow from Wildfires, Floods, Hail September 20, 2019 By Lena Masri By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay...
DARAG Buys Zurich’s German Architects & Engineers Professional Indemnity Portfolio September 11, 2019 DARAG Group Ltd., the Malta-based legacy acquirer, announced it has reached an agreement with Zurich Insurance plc to acquire Zurich’s...
Zurich Insurance Expects to Beat Targets as It Enters Final Stretch of Turnaround August 8, 2019 By Patrick Winters Zurich Insurance Group AG said it expects to beat all its financial targets for the 2017-2019 period as the global...