Zurich results 2016 News

Update: Zurich Returns to Profit in Q4 2016 with Net Income of $685M

Zurich Insurance Group AG fell in Zurich trading after posting a quarterly profit supported by one-time gains as Chief Executive Officer Mario Greco presses ahead with an overhaul of Switzerland’s largest insurer. Net income for the three months through December …

Zurich’s Re-Underwriting Program Begins to Bear Fruit – in Its Financials

Zurich Insurance Group’s re-underwriting program is starting to bear fruit – as evidenced by the company’s improved third-quarter results – but Group CFO George Quinn readily admits there is still work to be done. The steps that the company took …

Zurich Restructure on Track, but Organization Still too Complex: CEO Greco

While Zurich Insurance Group’s new chief executive officer believes the insurer is on the right track in terms of growth and profit, the organizational structure remains too complicated, he suggested during an investor conference yesterday. “Zurich is world famous for …

Zurich’s Q1 Net Income Down 28% to $875M, Beating Analysts’ Expectations

Zurich Insurance Group AG, Switzerland’s biggest insurer, posted a first-quarter profit that beat analysts’ expectations as Chief Executive Officer Mario Greco continues the overhaul of its biggest unit. Net income fell 28 percent to $875 million from $1.22 billion a …