July 22, 2011
One of Sony Corp.’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this year. The dispute …
July 21, 2011
One of Sony Corp’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this year. The dispute …
July 15, 2011
The Zurich Financial Services Group announced that it has signed definitive agreements with Banco Santander SA to enter into a long-term alliance in Latin America. Zurich said the “scope, structure and key financial terms are materially unchanged” from those outlined …
July 11, 2011
Zurich North America has relocated its Southwest regional office in Glendale, Calif., to downtown Los Angeles. The move affects roughly 150 personnel — executive management, underwriting (workers’ compensation, liability, auto, property, professional, directors & officers, surety, umbrella, railroad, health care, …
July 5, 2011
Zurich Financial Services Group announced the appointment of Luca Marighetti (50, Italian citizen) to the position of Group Head of Strategy, effective July 1. He succeeds Christian Carl who, Zurich said, “will fully focus on his function as Group Head …
June 20, 2011
Zurich Financial Services Group announced that its subsidiary, Zurich Insurance Company Ltd., has signed an agreement to acquire 100 percent of the share capital of Malaysian Assurance Alliance Berhad (MAAB), a Malaysian composite insurer. Zurich is acquiring the company from …
June 20, 2011
Zurich Financial Services Group said it currently estimates aggregate claims of approximately $295 million for both Zurich North America and Farmers Re relating to the series of severe weather-related events that hit the U.S. in April and May of this …
June 15, 2011
Zurich Financial Services Group announced that one of Zurich’s non-core subsidiaries in the UK, Zurich Specialties London Ltd, will transfer its run off insurance business to Swiss Re at book value. Zurich said the transfer forms an integral part of …
May 26, 2011
Zurich Financial Services Group announced the appointment of Angel Serna (45, Spanish and Swiss citizen) as Global Head of Corporate Communications, with effect July 1, 2011. He will be succeeding Pierre Goad who has decided to pursue another opportunity outside …
May 24, 2011
Zurich Financial Services Group has appointed Angel Serna as global head of Corporate Communications, with effect July 1, 2011. In his new role, Serna will be responsible for Zurich’s communications function reporting to CEO Martin Senn. He will be succeeding …