Latest Zurich Headlines
All the headlines from our Zurich Topic Page, ordered by recency.
Zurich Insurance Confirms Offer for RSA – if Made – Would Be in Cash
Jul 29 2015 // Zurich Insurance Group AG said any offer for RSA Insurance Group would be in cash. Wednesday’s statement from Zurich means “there’s a very high likelihood that it will come through with an offer in the...
Zurich Insurance Considering Bid for UK’s RSA
Jul 28 2015 // Cash-rich Zurich Insurance is weighing a bid for British rival RSA Insurance Group which could top $8 billion and be the latest industry tie-up amid toughening regulations. The impending launch of new European rules...
Illinois’ Harper College, Zurich Team Up for Insurance Apprenticeship Program
Jul 6 2015 // A Chicago-area community college and a global insurance company are creating what they believe is the first-of-its-kind insurance apprenticeship program in the United States and one they hope will become an industry...
Illinois’ Harper College to Host Zurich’s Apprenticeship Program
Jun 18 2015 // A global insurance company is teaming up with a Chicago-area community college to create what they believe is the first-of-its-kind insurance apprenticeship program in the United States and one they hope will become an...
Zurich Insurance Plans Insurance Apprenticeship Program in U.S.
Jun 18 2015 // Zurich Insurance Group plans to establish an apprenticeship program in the U.S. to help attract and train young people for careers in the insurance industry. Zurich said it is committed to putting into practice a program...
Zurich Insurance Shares Drop as 4th Quarter Profit Drops 20%
Feb 12 2015 // Zurich Insurance Group AG, Switzerland’s biggest insurer, fell short of an earnings target as fourth- quarter profit fell 20 percent on lower income from the general insurance unit. The shares declined. Net income...
Zurich North America Appoints McCafferty Head of Group Captives
Dec 30 2014 // Schaumburg, Ill.-based Zurich North America has appointed Terry McCafferty as head of group captives, a key strategic business unit of Programs & Direct Markets. Terry McCafferty In his new role, effective Feb. 1,...
Zurich Insurance to Offer Direct Lending in Europe to Boost Returns
Dec 16 2014 // Zurich Insurance Group AG, Switzerland’s largest insurer, is about to make its first investments in European direct lending, including infrastructure debt. The insurer wants to lend to small to medium-sized European...
Zurich North America Names Shults as South Regional Executive
Nov 10 2014 // Commercial insurer Zurich North America has named Mark Shults regional executive for the South in marketing, distribution and regional management. His office is in Atlanta. In his new role, Shults will lead the Zurich...
Blue River Underwriters D. Scott Tramel and John Searles Launch USL&H and Maritime Employers Liability Insurance Program
Nov 6 2014 // KENNESAW, GA, November 6, 2014 — Blue River Underwriters, a division of Breckenridge Insurance Group, has introduced a new United States Longshoreman and Harbor Workers Act (USL&H) and Maritime Employers Liability...
Hart Named Midwest Region Executive at Zurich North America
Oct 9 2014 // Zurich North America announced that Sabrina Hart has been named as regional executive for the Midwest region in marketing, distribution and regional management (MD&RM), effective Oct. 16. Hart’s office will be in...
Zurich NA Names Cooper Regional Leader for Commercial Markets
Oct 8 2014 // Commercial property and casualty insurer Zurich North America, named Marcus Cooper is now the commercial markets regional leader for the South. He is based at Zurich’s North America headquarters in Schaumburg,...
Zurich Insurance Names Sharma General Insurance Chief for UK
Oct 7 2014 // Zurich Insurance Group AG, Switzerland’s biggest insurer, named group controller Vibhu Sharma to head of general insurance operations for the U.K. Sharma, 48, will start in April, Louise Zucchi, company spokeswoman,...
Ex-Zurich Insurance CEO, Goldman Lead Director James Schiro Dies
Aug 18 2014 // The former head of Zurich Insurance and lead director of Goldman Sachs, James Schiro has died at the age of 68, the bank said. The American citizen, who also served on the boards of Pepsico and Reva Medical, had retired...
Zurich Insurance Profit Rises 6% on Fewer Catastrophe Claims
Aug 7 2014 // Zurich Insurance Group AG, Switzerland’s largest insurer, said second-quarter profit rose 6 percent as it took fewer losses from natural catastrophes. Net income rose to $837 million from $789 million a year earlier,...
Zurich Insurance to Double Green Bonds to $2 Billion on European Growth
Jul 14 2014 // Zurich Insurance Group AG, Switzerland’s largest insurer, doubled its planned investment in green bonds, citing their growing appeal in Europe. The company said in November that it wanted to invest as much as $1...
Zurich Insurance to Take $300 Million Loss on Russian Unit Sale
Jul 3 2014 // Zurich Insurance Group AG, the largest Swiss insurer, said the sale of its Russian retail unit will lead to an estimated loss of about $300 million. The insurer said it is selling the business to Moscow-based Olma Group...
Zurich Insurance Q1 Profit Up 20%
May 15 2014 // Zurich Insurance Group AG, the biggest Swiss insurer, said first-quarter profit rose 20 percent, helped by capital gains on investments. Net income rose to $1.27 billion from $1.06 billion in the year-earlier period, the...
Hahn to Lead Predictive Analytics at Zurich North America
May 2 2014 // Property and casualty insurance provider Zurich North America, based in Schaumburg, Ill., appointed Peter Hahn as head of predictive analytics. Hahn comes to Zurich from McKinsey & Company Inc., where he led the...
Sony Units Lose Ruling in CGL Policy Coverage Dispute
Mar 24 2014 // A New York trial court recently ruled in a commercial general liability (CGL) policy coverage case that Zurich American Insurance Co. has no duty to defend Sony Corp. of America and Sony Computer Entertainment America in...
