Zurich is deepening emissions cuts and adding green options for customers. Zurich Insurance Group announced this week it is “taking global measures” to accelerate cuts in carbon emissions from its operations in response to climate change. Measures include new air …
The Capital One Tower, a 22-story building that has stood tall over Lake Charles for nearly 40 years is still empty nearly a year after Hurricane Laura’s 150-mph winds knocked out windows up and down the building last August. The …
Wright National Flood Insurance Services LLC and Zurich Insurance are now offering Zurich’s Residential Private Flood Insurance in California. The stand-alone product has previously been launched in Florida, New Jersey, South Carolina and Virginia, with anticipated plans to expand to …
Zurich Insurance and Farmers Exchanges have closed on buying MetLife’s U.S. property/casualty business for $3.94 billion. The business acquired includes 2.4 million MetLife Auto & Home policies, $3.6 billion of net written premiums (2019) and 3,500 employees, according to Zurich. …
Zurich has promoted Kim Jordan to regional vice president for the South Region, and Jim Heintz was named the underwriting manager for the South Central area. Jordan and Heintz held their new positions on an interim basis since January before …
Canadian firms’ overseas investment in insurers hit a 20-year high this year boosted by Intact Financial’s joint agreement last month to buy British insurance group RSA for 7.2 billion pounds ($9.6 billion) and market participants expect more deals in 2021. …
Zurich Insurance and Farmers Exchanges have agreed to buy MetLife’s U.S. property and casualty business for $3.94 billion, the insurers said on Friday, after the COVID-19 pandemic made motor and home insurers more profitable. Motor and home insurers have had …
Insurers pummeled by the pandemic are looking to deals as they race to see who’ll emerge strongest when the outbreak subsides. The takeover of RSA Insurance Group Plc and Allstate Corp.’s largest acquisition ever have helped push industry deals announced …
Switzerland’s Zurich Insurance Group AG is in advanced talks to acquire MetLife Inc.’s U.S. property and casualty (P&C) car and home insurance unit for close to $4 billion, according to people familiar with the matter. Zurich Insurance issued a statement …
Zurich Insurance Group is launching a new unit to expand digital services platform worldwide. The company has also appointed several new chief executive officers for key regions. The new Global Business Platforms unit will be headed by current Asia Pacific …
