All the headlines from our Zurich Topic Page, ordered by recency.
Mar 4 2016 // Zurich Insurance paid Martin Senn, its former CEO, 6.1 million Swiss francs ($6.3 million) during 2015, down from 7.2 million Swiss francs ($7.9 million) in 2014, the company reported.(The Swiss franc to U.S. dollar...
Mar 1 2016 // Zurich Insurance has appointed Hervé Marguin as chief underwriting officer (CUO), General Insurance, Asia Pacific, effective immediately.Marguin will report to Stuart A. Spencer, chief executive officer, General...
Feb 24 2016 // Zurich Insurance is exploring a sale of its Hong Kong and Singapore operations as it reviews its non-core businesses outside Europe, sources familiar with the matter said.The Swiss insurer has discussed the plan with...
Feb 19 2016 // Zurich Insurance Group AG has started a process to sell its units in South Africa and Morocco as it works toward turning around its money-losing insurance operations, according to people familiar with the matter.Zurich is...
Feb 9 2016 // Assicurazioni Generali SpA appointed its Chairman Gabriele Galateri, as acting chief executive officer after CEO Mario Greco decided to quit Italy’s biggest insurer to become the head of Zurich Insurance Group AG.The...
Jan 20 2016 // Zurich Insurance Group AG fell to the lowest in more than three years after Switzerland’s biggest insurer put shareholders on notice that it expects a second straight quarterly loss in its general insurance...
Jan 11 2016 // Zurich Insurance Group AG will appoint Mario Greco, the head of its Italian rival Assicurazioni Generali SpA, as chief executive officer, Swiss newspaper SonntagsZeitung reported, without saying how it got the...
Dec 23 2015 // Zurich North America has selected Vermont as the domicile for a new sponsored cell captive company, according to the Vermont Department of Financial Regulation. The captive, Hoplite Reinsurance Company of Vermont, is...
Dec 18 2015 // Zurich Insurance Group AG agreed to buy a Wells Fargo & Co. crop insurance business for as much as $1.05 billion as the Swiss company puts to work excess cash left over from a separate takeover bid that it abandoned...
Dec 3 2015 // Zurich Insurance Group AG, Switzerland’s biggest insurer, is increasing job cuts and relocations to a total of at least 1,800 at the company reduces costs and overhauls its biggest unit.The company will move 300...
Nov 30 2015 // Zurich Insurance Group Plc said it will stop writing general insurance business in the Middle East at the end of month because of the “limited potential” for profitable growth.The decision to exit general...
Nov 12 2015 // Zurich Insurance Group AG is seeking to replace Chief Executive Officer Martin Senn after third-quarter losses forced it to abandon its bid for Britain’s RSA Insurance Group Plc, according to a Swiss business...
Nov 5 2015 // Zurich Insurance Group AG said profit fell 79 percent in the third quarter after it booked $275 million in losses from the Tianjin disaster and set aside $367 million more in reserves to cover mainly North American auto...
Oct 5 2015 // A.M. Besthas affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of “aa-” while at the same time revising the outlook to negative from stable forZurich Insurance Company...
Sep 25 2015 // Workers’ compensation insurers reported a 5.3 percent increase in direct written premiums during the first six months of 2015 versus the same period in 2014, according to actuarial firm Demotech’s review of...
Aug 25 2015 // Zurich Insurance Group AG, Switzerland’s largest insurer, proposed to buy the UK’s RSA Insurance Group plc for about 5.6 billion pounds ($8.8 billion).RSA is willing to recommend the possible offer of 550 pence...
Aug 24 2015 // Shareholders in British insurer RSA are bracing for a lowball bid from prospective suitor Zurich Insurance, putting one of Europe’s largest ever insurance deals in doubt.After flagging its interest to the market on...
Aug 19 2015 // Pictured left to right: Michael Mahoney and Susan DoyleAtlanta, GA, August 19 2015 — As part of the growth plans for its Auto Dealer and United States Longshoreman & Harbor Workers Act (USL&H) insurance programs,...
Aug 17 2015 // A recent court decision may have the potential to change the practice of side agreements in workers’ compensation policies California, a practice that some say often goes on under the regulatory radar.Zurich American...
Aug 7 2015 // A recent court decision may have the potential to change the practice of side agreements in workers’ compensation policies California, a practice that some say often goes on under the regulatory radar.Zurich American...