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...
Zurich Insurance Reports Record Profit, Announces $1.25B Share Buyback February 22, 2024 By Carolyn Cohn and Miranda Murray Zurich Insurance posted a better-than-expected annual operating profit on Thursday and announced a share buyback of up to 1.1 billion...
Lex Greensill’s Fraud Means Zurich Can’t Payout $400 Million, Insurer Argues February 6, 2024 By Upmanyu Trivedi Lex Greensill’s fraud and “conspiracy” with commodities tycoon Sanjeev Gupta should prevent the financier’s collapsed bank from making a $400...
Extreme Weather and Misinformation Top Global Risks: World Economic Forum January 10, 2024 By Victoria Waldersee Risk specialists see extreme weather and misinformation as most likely to trigger a global crisis in the next couple of...