Rising Sick Days Are Costing Europe Billions Every Year December 3, 2024 By Ott Ummelas Norway, illness is becoming an increasingly trying problem. Workers take more sick days than anywhere else in Europe and absences...
Zurich Insurance Group Sets New Targets After Meeting Existing Ones a Year Early November 21, 2024 By Levin Stamm Zurich Insurance Group AG set new targets for profitability and profit growth for the next three years, after a better-than-expected...
Cevian’s Baloise Move Triggers European Insurers to Study Deal November 13, 2024 By Jan-Henrik Förster, Pamela Barbaglia, Eyk Henning and Paula Doenecke Baloise Holding AG has become one of the most-discussed takeover candidates in the European financial sector, after agitation by an...
Renewable Energy Offers a Cost and Opportunity to Insurance Sector November 7, 2024 By Carolyn Cohn Policyholders in the renewable energy insurance market are paying between 20%-40% more for cover today than a year ago as...
Zurich’s Exposure to Hurricanes Helene, Milton Below $360M as Catastrophe Losses Rise November 7, 2024 By Carolyn Cohn Zurich Insurance Group said on Thursday that its exposure to Hurricanes Helene and Milton, which recently wreaked havoc in the...
Coal Expansion Helps Lure Insurers Back to Australia Producer Whitehaven October 11, 2024 By Natasha White Whitehaven Coal Ltd., one of Australia’s largest coal producers, shelved a planned special purpose vehicle originally intended to provide in-house...
European Insurers Enjoy Big Profits After Premium Hikes August 8, 2024 By Carolyn Cohn, Tom Sims and Yadarisa Shabong Several European insurers recorded bumper first-half profits on Thursday, as customers burnt by a pandemic, war and a pick-up in...
Update: Zurich Insurance Tops Profit Forecast, on Track to Beat 2025 Targets August 8, 2024 By Carolyn Cohn and Eva Orsolya Papp Zurich Insurance posted a record first-half operating profit on Thursday and said it was on track to beat its 2025...
Ardonagh’s Geo Underwriting to Buy Navigators & General From Zurich UK August 1, 2024 Geo Underwriting, the managing general agency and subsidiary of Ardonagh Advisory, announced it will acquire Navigators & General (N&G) from...
Cowbell Secures $60M Series C Funding From Zurich July 30, 2024 Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), announced on July 26 that it has closed...