Latest Zurich Headlines
All the headlines from our Zurich Topic Page, ordered by recency.
Zurich North America Names PCI’s Manna as Head of Government Relations
Jul 13 2018 // Zurich North America has brought Deirdre Manna on board as the new head of Government and Industry Affairs. Manna leads Zurich’s engagement with elected officials at the state and federal level on public policy...
Zurich Insurance Buys Minority Stake in InsurTech Startup CoverWallet
Jun 11 2018 // Zurich Insurance Group has acquired a minority stake in CoverWallet, a digital business insurance agency startup. CoverWallet, which launched in 2016, said the investment builds on commercial partnership between the two...
More U.S. Firms Follow Europeans in Valuing Apprenticeships to Attract Talent
May 31 2018 // The rise of the apprentice: a European tradition comes to the U.S. The growing number of apprenticeships in the U.S. has more to do with European companies importing the practice into their American operations than with...
XL Catlin’s Benjamin to Head Zurich North America’s Management Solutions Group
May 21 2018 // Brian Benjamin, a longtime insurance executive with experience in professional liability lines, has joined Zurich North America as head of Management Solutions. Benjamin will be accountable for the performance of the...
Zurich Insurance CFO: ‘We Don’t Exist to Do M&A’
May 9 2018 // Zurich Insurance has no plans for a big merger, it said on Wednesday, despite speculation of a pick-up in dealmaking in the industry and that the Swiss company could get involved. The insurer’s comments came as it...
Zurich Insurance Reported to be Preparing to Cut Stake in Malaysian Unit
Apr 26 2018 // Zurich Insurance Group AG is working with advisers to cut its stake in its Malaysian life insurance unit, people with knowledge of the matter said, joining a wave of foreign players planning over $2 billion of such deals...
Zurich North American Names Massey as Head of Programs, Replacing Putz
Mar 9 2018 // Zurich North America has named Greg Massey as the head of Programs, replacing David Putz who became head of Alternative Markets for Zurich at the beginning of the year. The leadership changes come as the company welcomed...
Zurich Insurance Raises Dividend as Cost Cuts Bear Fruit
Feb 8 2018 // Zurich Insurance Group AG overcame a record year for natural-disaster claims in the industry to deliver its first dividend increase since 2011. The shares rose the most since August 2016. Switzerland’s biggest...
Zurich North America Names Labbat to Head Trade Credit and Political Risk
Feb 1 2018 // Zurich North America has named Lillian Labbat as head of Trade Credit and Political Risk. Prior to joining Zurich, Labbat held executive roles in global trade finance, export finance and structured credit with J.P. Morgan,...
Zurich Shares Lessons from First Earn-and-Learn U.S. Apprenticeship Class
Jan 22 2018 // In early 2016, Zurich North America teamed up with William Rainey Harper College in Palatine, Ill., to offer an apprenticeship in insurance program and now its first group of employee-students have graduated with a job at...
Zurich Shares Lessons from First Earn-and-Learn U.S. Apprenticeship Class
Jan 8 2018 // In early 2016, Zurich North America teamed up with William Rainey Harper College in Palatine, Ill., to offer an apprenticeship in insurance program and now its first group of employee-students have graduated with a job at...
Zurich Insurance to Sell UK Student Insurer Endsleigh to Broker A-Plan
Jan 3 2018 // As part of its ongoing restructuring and simplification program, Zurich Insurance announced an agreement to sell its UK student insurer Endsleigh to insurance broker A-Plan Holdings. The financial terms of the deal, which...
Zurich Insurance to Acquire ANZ’s Life Businesses in Australia for US$2.14B
Dec 11 2017 // Zurich Insurance Group announced that it has entered into an agreement to acquire 100 percent of ANZ’s life insurance businesses, OnePath Life, in Australia, for A$2.85 billion (US$2.14 billion). Both parties expect...
Zurich Insurance Plans to Double Allocation to Impact Investments, Earmarking $5B
Nov 27 2017 // Zurich Insurance Group AG plans to more than double its allocation to impact investments, earmarking $5 billion for a broader range of assets after devoting $2 billion to green bonds in recent years. While it didn’t...
Zurich North America Names Putz to Lead Alternative Markets
Nov 7 2017 // Zurich North America has appointed David Putz to lead Alternative Markets, effective January 1, 2018. Putz will assume the role currently held by Kathleen Savio, who will become Zurich North America CEO at that same time....
How Insurers, Employers Can Help Close Income Gap in U.S.: Zurich Insurance Research
Oct 13 2017 // Public/private partnerships between governments, companies and insurers can help ease income gaps that burden millions of Americans, according to new research from Zurich Insurance Group and the University of...
MGA Pen Underwriting Signs £150M Motor Capacity Deal with Zurich Insurance
Oct 9 2017 // Pen Underwriting, the UK managing general agent, has announced a new long-term capacity deal with Zurich in the specialist area of hazardous and tanker transportation, building on a successful partnership that extends back...
Zurich Insurance ‘On Track’ to Cut $1.5B in Costs by 2019: News Report
Oct 9 2017 // Zurich Insurance will have cut costs by $700 million by the end of the year, nearly halfway to its goal to save $1.5 billion by 2019, Chief Executive Mario Greco said in an interview published on...
Zurich North America CEO Foley Leaving; Savio Named Successor
Sep 21 2017 // Zurich North America CEO Mike Foley plans to leave his position at the end of 2017 after more than a decade with the Swiss insurance giant. His successor has already been chosen. She is Kathleen Savio, who has been...
Zurich Insurance Taps Martin from Swiss Re as Group CRO, Succeeding Reyes
Sep 1 2017 // Zurich Insurance Group announced that Alison Martin will join the group on Oct. 1, 2017 and will assume the role of group chief risk officer in January 2018. She will succeed Cecilia Reyes, Zurich’s current group...
