(IN BRIEF) Zurich Insurance Group has announced the appointment of Claudia Cordioli as Group Chief Financial Officer (CFO), effective from March 1, 2024, pending regulatory approval. Cordioli will also become a member of the Executive Committee. She will succeed George … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged appointment, CFO, Claudia Cordioli, George Quinn, leadership, Mario Greco, Zurich Insurance Group
Sale to further reduce capital intensity and exposure to interest rates Reduced sensitivity to interest rates reduces capital required to protect against volatility Transaction adds 8 percentage points to Swiss Solvency Test ratio1 Zurich in Germany to continue to invest … Read the full press release
Venta para reducir aún más la intensidad de capital y la exposición a tipos de interés La sensibilidad reducida a las tasas de interés reduce el capital requerido para protegerse contra la volatilidad La transacción agrega 8 puntos porcentuales al … Read the full press release
Transaction to release approximately USD 1.2 billion of capital and add 11 percentage points to the Group’s Swiss Solvency Test ratio1 Significant reduction in the Group’s exposure to credit risk Zurich will focus on protection and unit-linked solutions in the … Read the full press release
Posted in Business, Financial, Insurance, News, Portugal, Switzerland
Tagged acquisition, Deutsche Bank, GamaLife, George Quinn, insurance, life insurance, Matteo Castelvetri, pension back book, pension market, policyholders, Swiss Solvency Test, Zurich, Zurich Insurance Group, Zurich Investments Life S.p.A.
Zurich accelerates development of digital services, creating a new unit to attract additional customers and meet their rapidly changing needs Jack Howell, CEO Asia Pacific (APAC), to lead the new Global Business Platforms unit focusing on digital services Ericson Chan, … Read the full press release
Posted in Business, Insurance, Internet & Online, Management, News, Switzerland, Technology
Tagged Alison Martin, APAC, appointments, Claudia Dill, digital services, Ericson Chan, George Quinn, Global Business Platforms, Jack Howell, James Shea, Jeff Dailey, Kathleen Savio, Katja Roth Pellanda, Kristof Terryn, Laurence Maurice, leadership, Mario Greco, Peter Giger, Ping An Group, Ping An Technology, transformation, Tulsi Naidu, Urban Angehrn, Yannick Hausmann, Zurich, Zurich Insurance Group
Portfolio includes gross liabilities of USD 2 billion Transaction will be completed in two steps Transaction is expected to have a small negative impact on business operating profit in the fourth quarter of 2018 and a small positive impact on … Read the full press release
Posted in Business, Insurance, Switzerland
Tagged Catalina, George Quinn, insurance, liability policies, UK legacy employers, Zurich
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