Swiss Re No Longer Offers Re/Insurance to Firms with More Than 30% Coal Exposure July 3, 2018 Swiss Re announced it no longer is providing re/insurance to businesses with more than 30 percent exposure to thermal coal...
Lessons Learned From Hurricane Harvey Highlighted in Zurich Report June 25, 2018 By Juan A. Lozano An inconsistent regulatory environment and a lack of awareness by residents of the potential flooding dangers in and around Houston...
Allianz’ CEO Seeks Big M&A – But He Doesn’t Want to Pay for It: Opinion June 19, 2018 By Chris Hughes, Bloomberg Opinion The CEO of Europe’s biggest insurer is up for a big deal. He just doesn’t want Allianz SE to pay...
Allianz Eyes M&A Targets Zurich, Hartford, QBE, Argo and More After Missing Out on XL June 12, 2018 By Dinesh Nair, Julie Edde and Ruth David A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe’s largest insurer, Allianz SE,...
Zurich Insurance Buys Minority Stake in InsurTech Startup CoverWallet June 11, 2018 Zurich Insurance Group has acquired a minority stake in CoverWallet, a digital business insurance agency startup. CoverWallet, which launched in...
Zurich Taps AXA’s Blanc as CEO of EMEA, Succeeding Shaughnessy April 5, 2018 Zurich Insurance Group announced that Gary Shaughnessy will step down from his role as chief executive officer for Europe, Middle...
Blockchain Insurance Industry Initiative, B3i, Forms Company Called ‘B3i Services’ March 26, 2018 The Blockchain Insurance Industry Initiative (B3i) announced the incorporation of B3i Services AG in Zurich, Switzerland. The company was formed...
Zurich Accelerates Growth of Cover-More Travel Insurance Unit with LatAm Acquisitions March 12, 2018 Zurich Insurance Group accelerated the growth of Cover-More Group, its specialist global travel insurance and assistance solutions business, by entering...
WEF Helps Create Fintech Cyber Security Consortium; Members Include Zurich, Citigroup March 7, 2018 By Anna Irrera The World Economic Forum has led the creation of an industry consortium focused on improving the cyber security of financial...
Zurich Acquires QBE’s Latin American Operations for US$409M February 26, 2018 Zurich Insurance Group has entered into an agreement to acquire the Latin American operations of Australian insurer QBE Insurance Group...