Zurich Insurance Reports 12% Drop in Net Income to $4.6B, but Exceeds Targets February 10, 2023 By L.S. Howard Zurich Insurance Group reported net income attributable to shareholders of $4.6 billion in 2022, a 12% decrease from $5.2 billion...
Zurich Insurance Leads Series B Fundraise for Cyber Insurtech BOXX Insurance February 7, 2023 BOXX Insurance, the Toronto-headquartered insurtech that combines cyber insurance and security, announced a US$14.4 million Series B funding round, led...
Environmental Risks, Climate Change Ranked as Top Risks Facing Planet: WEF Survey January 11, 2023 By Mark John Failure to tackle climate change and environmental degradation dominate the ranking of top risks facing the planet in the next...
Zurich Insurance Emerges as Front-Runner to Buy MetLife’s Malaysia Business December 9, 2022 By Elffie Chew and Manuel Baigorri Zurich Insurance Group AG has emerged as the front-runner to buy a majority stake in the Malaysian insurance business of...
Zurich Insurance Plc Plans to Redomicile From Ireland to Germany in Post-Brexit Move November 22, 2022 By L.S. Howard Zurich Insurance Plc (ZIP), the Dublin-based wholly owned subsidiary of Zurich Insurance Group, plans to relocate to Germany as a...
3 Australian Banks Settle Class Action Lawsuits Over Sale of Credit Insurance Products November 14, 2022 Three of Australia’s “big four” banks settled separate class action lawsuits for A$126 million ($84.51 million) with Slater & Gordon,...
Tech Update: Risk Solved and expert.ai Offer Language-to-Data Solution for Insurers; Zurich Insurance Launches Global API Marketplace November 10, 2022 Risk Solved and expert.ai Offer for Language-to-Data Solution for Insurers Risk Solved Ltd, a global risk management platform provider, and...
Zurich Insurance Expects $550M Hit From Hurricane Ian, but On Track to Beat Targets November 10, 2022 By Michael Shields and Carolyn Cohn Zurich Insurance Group expects a net $550 million pre-tax hit from Hurricane Ian, Europe’s fifth-largest insurer said on Thursday, though...
Inflation, Debt Crisis, Cost of Living Pose Top Business Risks in G20 Nations: Survey November 7, 2022 Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in...
Harvard, Zurich Insurance At Odds Over $15M Coverage for Admissions Program Defense October 24, 2022 By Andrew G. Simpson Harvard University has already exhausted $25 million in insurance coverage defending its affirmative action admissions program and is in court...