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...
AI and APIs: Essential Tools for Zurich Insurance Group’s Digital Leap July 2, 2024 By L.S. Howard Executive Summary: For a multinational insurance company like Zurich Insurance Group, which can find itself delivering large, complex policies in...
Zurich Insurance Adding 600 People in India Following Kotak Deal June 25, 2024 By Preeti Singh Zurich Insurance Group AG plans to increase headcount in India by 40% over the next three years, adding 600 people...
Zurich Completes Acquisition of 70% Stake in India’s Kotak General Insurance June 19, 2024 Zurich Insurance Company Ltd. has completed the acquisition of a 70% stake in Kotak Mahindra General Insurance Co. Ltd. for...
Zurich Insurance to Sell Downtown Madrid Offices for About €100 Million June 18, 2024 By Carmen Arroyo, Rodrigo Orihuela and Ben Sills Zurich Insurance Group agreed to sell its iconic office building in downtown Madrid to a Spanish investment fund for about...
Zurich’s First-Quarter P/C Revenue Rises on Higher Premiums May 16, 2024 By Myriam Balezou Zurich Insurance Group AG said revenue from property and casualty insurance rose 12% in the first quarter on a like-for-like...
Zurich Insurance to Halt Coverage of New Fossil-Fuel Exposures April 8, 2024 By Myriam Balezou and Gautam Naik Zurich Insurance Group AG will no longer underwrite new oil and gas projects, and is cracking down on clients planning...