Insurers Rush to Exclude Coronavirus Epidemic from Event-Cancellation Protection February 13, 2020 By Carolyn Cohn and Noor Zainab Hussain Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the...
Financial Services CEOs in Davos Complain They Can’t Save Planet Without Clients’ Help January 21, 2020 By Viren Vaghela As the financial industry comes under pressure to avoid funding dirty energy, the heads of Citigroup Inc. and Zurich Insurance...
World Economic Forum Sounds Alarms About Climate Change Risks January 15, 2020 By Jill Ward The World Economic Forum is sounding alarm bells on climate change, with environmental risks occupying the group’s top five long-term...
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...