June 22, 2015
Zurich Australia has appointed Raelene Seales as its new chief operating officer, General Insurance. Seales, who is currently head of Wrap and SMSF Platforms with ANZ, will replace Shaun Feely in the COO role. Feely has made significant contributions since …
June 4, 2015
This is the first of a two-part column on green bonds. The second installment will include interviews with Axa, QBE and Zurich. Ahead the United Nations Climate Change Conference in Paris in December, also called COP21 or CMP11, there are …
May 21, 2015
Zurich Insurance Group AG, Switzerland’s biggest insurer, will cut costs by more than planned as it seeks to reverse a drop in earnings. Chief Executive Officer Martin Senn said he will make additional annual savings of at least $1 billion …
May 7, 2015
Zurich Insurance Group AG, Switzerland’s biggest insurer, said first-quarter profit fell 4 percent on lower earnings from general insurance and higher tax payments. Net income declined to $1.22 billion from $1.28 billion a year earlier, the Zurich-based insurer said in …
February 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 fell to $858 million from $1.07 billion …
December 22, 2014
Even as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not always easy to get. Unlike earthquakes, …
November 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 (MEL) Insurance Program with Zurich in North America, an …
October 22, 2014
A report on the insurance industry released Wednesday shows “a profound lack of preparedness in addressing climate-related risks and opportunities.” Insurance industry representatives immediately criticized the report as a negative take on the industry’s ability to adapt and not reflective …
June 24, 2014
Zurich North America has introduced new property coverage for cloud-dependent, middle-market companies. As the new property coverage enhancement for companies is not location specific, Zurich now offers insurance coverage for the cyber risks of cloud computing as well as business …
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 Zurich-based company said in an e- …