Zurich Insurance Group News

Zurich Insurance Says ‘Confident’ on Profitability Measure

Zurich Insurance Group AG, Switzerland’s biggest insurer [3rd largest in Europe], said it is still “confident” its non-life unit can improve a profitability target with cost cutting after it announced in August it may miss the goal relative to peers. …

Zurich Insurance Appoints de Swaan Chairman, Replacing Ackermann

Zurich Insurance Group AG named Tom de Swaan chairman, replacing Josef Ackermann, who stepped down after the suicide of Chief Financial Officer Pierre Wauthier. Fred Kindle, 54, chairman of Exova Holdings Ltd. and former chief executive officer of ABB Ltd., …

Zurich Among Insurers Said to Be Probed in Expanded N.Y. Inquiry

Zurich Insurance Group AG is among companies being questioned by New York’s insurance regulator in a widening probe into compliance with an Iran sanctions law, according to a person familiar with the matter.The state Department of Financial Services is asking …

Zurich Appoints Credit & Political Risk Director in Washington, D.C.

Zurich, Switzerland-headquartered Zurich Insurance Group appointed Dave Anderson as credit and political risk director for global business development. He will be based in Zurich’s Washington, D.C., office. Anderson has spent the past six years helping to grow Zurich’s business in …

Zurich’s Name Change to Zurich Insurance Group Now Official

Zurich Financial Services Group has announced that the name change from Zurich Financial Services Ltd to Zurich Insurance Group Ltd “has become effective upon entry in the commercial register of the canton of Zurich.” Shareholders had previously approved the name …