Latest Zurich Headlines

All the headlines from our Zurich Topic Page, ordered by recency.

Zurich Insurance Expects Limited Exposure to Greensill Collapse

May 12 2021 // Zurich Insurance does not expect to have a major exposure to the failure of supply chain financing firm Greensill Capital, the insurer’s chief financial officer said on Wednesday after it reported solid first-quarter...

Zurich Insurance Deepens Climate Change Strategy

Apr 1 2021 // Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the Paris Agreement’s goals to limit global warming.Targets will include its own internal operations,...

Zurich NA Names Heintz Underwriting Manager for South Central Region

Mar 9 2021 // Jim Heintz has been appointed as underwriting manager for property/casualty insurer Zurich North America’s South Central area. In his role as underwriting manager for the South Central area, Heintz will be...

Zurich North America Names Aviva’s Kundi as Canada Chief Risk Officer

Feb 25 2021 // Sonia Kundi has joined the Zurich North America Group Risk Management team as Canada chief risk officer, effective immediately.She reports to North America Chief Risk Officer Colleen Zitt and will be a member of her...

Zurich Insurance Appoints De Nil as CEO of Nordics

Feb 19 2021 // Zurich Insurance Group has appointed Dirk De Nil as CEO of Nordics, in addition to his current role as CEO Benelux, expanding his management responsibility in the Europe, Middle East and Africa region.He succeeds David...

Zurich Insurance to Stop Insuring Russia’s Nord Stream 2 Project: Sources

Jan 19 2021 // Zurich Insurance Group will drop out of Russia’s Nord Stream 2 project in the face of looming U.S. sanctions against European companies that support construction of the $11 billion gas pipeline, two sources familiar...

Zurich Insurance Emphasizes Compliance Standards as U.S. Eyes Nord Stream Sanctions

Jan 13 2021 // Zurich Insurance Group emphasized its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord Stream 2 gas pipeline project.The U.S. State Department has warned European companies...

Zurich Insurance in Talks to Acquire MetLife Unit for $4 Billion

Nov 22 2020 // Switzerland’s Zurich Insurance Group AG is in advanced talks to acquire MetLife Inc.’s U.S. property and casualty (P&C) car and home insurance unit for close to $4 billion, according to people familiar with...

Zurich Insurance Reports Sales Growth, Higher Rates, Modest COVID-19 Claims

Nov 12 2020 // Zurich Insurance Group saw increased commercial lines insurance sales and a modest impact from COVID-19 related claims for the first nine months of the year, according to its third quarter report.Growth was supported by...

Zurich North America Connects Its Attorneys With Pro Bono Needs in Illinois

Oct 26 2020 // Insurer Zurich North America is collaborating with the digital legal company Paladin to connect Zurich’s attorneys with pro bono service opportunities.Approximately 97% of respondents to a recent survey by Legal...

Zurich Insurance Supports Reforestation in Brazil’s Atlantic Forest With 1 Million Trees

Sep 21 2020 // Zurich Insurance Group said it will sponsor a reforestation project in Brazil to convert barren farmland back into native forest that is rich in plant and animal life.The eight-year project will help to restore...

Zurich NA Launches Nonsubscriber Work Injury Insurance Policy in Texas

Sep 17 2020 // Zurich North America, based in Schaumburg, Ill., has launched an Occupational Accident & Employers Work Injury Liability Insurance Policy for nonsubscribers to the workers’ compensation system in Texas.The new...

Zurich Insurance Decides Not to Renew Cover for Canada’s Trans Mountain Oil Pipeline

Jul 23 2020 // Insurer Zurich has decided not to renew cover for the Canadian government’s Trans Mountain oil pipeline, said a spokeswoman for the project, which is opposed by environmental campaigners and some indigenous...

Zurich NA Sustainability Head: Pandemic is a Roadmap for Climate Change Battle

Jul 16 2020 // Ben Harper picked an interesting time to start his new job as head of corporate sustainability for Zurich North America.Harper stepped into the role in January. Harper had been with Zurich for nearly 20 years, previously...

Zurich Insurance Forms New Legal Panel for Large and Complex Claims in EMEA

Jun 9 2020 // Zurich Insurance Group has introduced a new legal panel to provide advice on the management of large and complex claims across the Europe, Middle East & Africa (EMEA) region.The new panel consists of BLM, Clyde &...

Zurich North America Brings Apprenticeship Program to New York City

May 22 2020 // Zurich North America is expanding its professional apprenticeship program from its Chicagoland headquarters to its downtown New York City office this fall, with the Borough of Manhattan Community College (BMCC) as the...

Zurich Insurance Estimates Coronavirus Pandemic Claims to Hit $750 Million for 2020

May 14 2020 // Zurich Insurance estimates that the overall property and casualty (P&C) claims from the COVID-19 pandemic will be in the region of $750 million for 2020.To put that into context, Zurich’s CFO George Quinn said...

Zurich Insurance’s Former CEO and Chairman Gerber Dies

May 12 2020 // Fritz Gerber, a former leader of Zurich Insurance Group, has died.Gerber was 91. He passed away on May 10, 2020, according to the company, which did not disclose further details. “Fritz Gerber was a remarkable leader...

Zurich North America Adds Chubb/ACE Veteran Wells as U.S. Head of Middle Market

May 4 2020 // Zurich North America has appointed Alexander Wells as U.S. head of Middle Market. He will be responsible for the strategic management and development of Zurich’s Middle Market business. Wells, who is new to Zurich,...

Swiss Re, Zurich Insurance in Talks with Swiss Regulator About Coronavirus Impact

Mar 20 2020 // Switzerland’s top insurance companies are in talks with the financial regulator about the impact of the coronavirus outbreak on their capital buffers and their business, according to people familiar with the...