December 15, 2023
As firms across the City of London consider clamping down on working from home, Schroders Plc is sticking to its policy of letting workers decide how much time they spend in the office. “Flexible working provides a strong link to …
November 16, 2023
Zurich Insurance Group announced that its subsidiary, Farmers Group Inc. (FGI), has agreed to acquire three insurance brokers of the Farmers Exchanges for US$760 million. The deal also includes the Farmers Exchanges’ flood program servicing arm. The wholesale brokerages โ …
November 14, 2023
Economic and societal threats โ such as an economic downturn, inflation, and an erosion of social cohesion โ rank among the biggest risks in G20 countries over the next two years, according to a global survey of business leaders conducted …
November 2, 2023
Zurich Insurance Co. has agreed to buy a majority stake in Kotak Mahindra General Insurance Co. for 40.51 billion rupees ($487 million), including infusion of fresh capital. The Switzerland-based insurer will buy 51% stake in Kotak Mahindra Bank’s insurance unit …
October 18, 2023
This edition of International People Moves details appointments at Zurich Insurance, Arch Insurance and Liberty Specialty Markets. A summary of these new hires follows here. Zurich Promotes Fritz to CEO Zurich Nordic Zurich Insurance has appointed Mattias Fritz, currently Nordic …
October 3, 2023
Cinven is considering a sale of German life insurer Viridium after another of its insurance investments in Europe, Eurovita, was hit by heavy customer outflows earlier in the year, three people familiar with the matter told Reuters. The private equity …
September 28, 2023
Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the US, even after pledging to target net zero emissions, according to a report by climate campaign group Insure Our Future. …
September 18, 2023
Zurich Resilience Solutions, the commercial risk advisory and services unit of Zurich Insurance Group (Zurich), and the professional services firm KPMG have formed a strategic collaboration to offer advisory services to address physical and transition risks, respectively, associated with climate …
September 13, 2023
This edition of International People Moves details appointments at Zurich Insurance and the broker Miller. A summary of these new hires follows here. De Nil Named Global Head of Zurich Resilience Solutions Zurich Insurance Group has appointed Dirk De Nil, …
August 10, 2023
The chief executive officer of Zurich Insurance Group AG has spoken out against the network of voluntary climate alliances that represent some of the biggest names in global finance, calling them “political and bureaucratic.” Mario Greco, who led his firm …