All the headlines from our Zurich Topic Page, ordered by recency.
Nov 10 2022 // Zurich Insurance Group expects a net $550 million pre-tax hit from Hurricane Ian, Europe’s fifth-largest insurer said on Thursday, though it remains on track to beat its 2020-2022 financial targets, helped by premium...
Oct 24 2022 // Harvard University has already exhausted $25 million in insurance coverage defending its affirmative action admissions program and is in court trying to force another of its insurers to cover up to $15 million more.While...
May 20 2022 // Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became the latest Western firm to exit Russia.It joins a list of companies that have quit the...
May 11 2022 // Zurich Insurance Group AG is in advanced talks to sell a portfolio of German life insurance policies to Cinven’s Viridium Group, the latest transaction in a busy corner of financial dealmaking, people familiar with...
Apr 1 2022 // Zurich Insurance Group announced it is bringing forward by 20 years its target to achieve net-zero emissions in its operations.It now aims to reach the goal by 2030, after implementing plans announced on March 31 last year...
Feb 10 2022 // Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday, after the Swiss insurer reported its biggest annual profit since the financial...
Jan 18 2022 // Zurich North America announced the following changes: Jason Meador, currently head of Captives at Zurich North America, has been appointed to lead the Rural Community Insurance Services crop insurance business following...
Jan 3 2022 // Zurich Insurance will release about $1.2 billion of capital by selling its Italian life and pensions back book to Portuguese insurer GamaLife, the Swiss company said on Monday.The deal will also add 11 percentage points to...
Dec 22 2021 // Zurich North America has named Andy Peterson as regional executive for the East region.Peterson, who has been with Zurich since 2008, will begin his new role effective January 1, 2022, and report to Carl Sutter, head of...
Dec 16 2021 // Zurich Insurance Group agreed to acquire Estonia-based company AlphaChat, which provides conversational artificial intelligence (AI) technology for customer service automation, to further enhance the group’s digital...
Nov 18 2021 // Zurich North America announced it will significantly expand the Zurich Apprenticeship Program, doubling the number of participants in 2022.CEO Kristof Terryn said the insurer plans to hire approximately 70 apprentices in...
Nov 18 2021 // Zurich Insurance Group will no longer underwrite new greenfield oil exploration projects, Europe’s fifth-largest insurer said on Thursday in an investor day presentation that sought to burnish its green...
Nov 12 2021 // Zurich American Insurance Company, a provider of insurance products and services to businesses in multiple industries, has signed an agreement to acquire Special Insurance Services, Inc., a Texas-based program manager...
Sep 22 2021 // BOXX, the Toronto-based cyber insurer for small businesses, individuals and families, announced it has closed its oversubscribed US$10 million (C$12.7 million) Series A-round in a bid to accelerate growth and expand its...
Sep 17 2021 // Zurich Insurance Group AG is considering a sale of some of its general insurance assets in Australia as the Swiss firm seeks to streamline its portfolio, according to people familiar with the matter.The insurer is working...
Aug 13 2021 // Zurich Insurance Chief Executive Mario Greco wants governments to levy a carbon tax and remove the incentive for socially irresponsible companies to maximize profits by polluting the environment, he told...
Aug 12 2021 // Zurich Insurance Group’s on Thursday joined other big European insurers in reporting a strong rebound in earnings as the impact from COVID-19 on their businesses eased.Buoyant markets along with higher policy sales...
Aug 3 2021 // Zurich Insurance Group AG is nearing a deal to buy Deutsche Bank AG’s Italian financial promoters network, according to people familiar with the matter.Zurich has emerged as the leading candidate to buy DB Financial...
Jul 13 2021 // ZURICH – Switzerland’s markets watchdog FINMA on Tuesday named Zurich Insurance chief investment officer Urban Angehrn as its new boss, tapping an insurance industry veteran to lead the financial supervisor.Angehrn...
Jun 7 2021 // Neeren Chauhan has been named head of Strategy, Innovation & Business Development for Zurich North America.Chauhan joins Zurich after serving as vice president, Distribution Transformation and Market Share Growth, for...