(IN BRIEF) Zurich Insurance Group, a strategic partner of the World Economic Forum, has contributed to the Executive Opinion Survey, which highlights top risks for G20 business leaders. Economic challenges such as downturns, labor shortages, and inflation remain dominant concerns, … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged AI Risks, Carolina Klint, Climate, G20 Business Survey, Marsh McLennan, partnership, Peter Giger, World Economic Forum (WEF), Zurich Insurance Group
(IN BRIEF) Zurich Insurance Group and Aon have launched a comprehensive insurance facility to support blue and green hydrogen projects globally, with coverage for projects up to USD 250 million. This initiative, led by Zurich and brokered exclusively by Aon, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Insurance, Switzerland
Tagged Aon, Aviation, blue hydrogen, carbon capture, CCUS technologies, clean energy insurance, commercial insurance, eco-friendly, energy storage, energy transition, GREEN HYDROGEN, hydrogen combustion, hydrogen projects, industrial processes, Joseph Peiser, manufacturing steel, net-zero transition, producing chemicals, refining petrol, renewable energy, shipping, Sierra Signorelli, sustainable solutions, transportation, treating metals, Zurich Insurance Group
(IN BRIEF) Zurich Insurance Group’s CEO, Mario Greco, has been honored with the prestigious Insurance Leader of the Year Award for 2023 by St. John’s University’s Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science. The award ceremony, … Read the full press release
Posted in Awards, Business, Financial, Industrial, Insurance, Investment, Management, Media, News, Switzerland
Tagged appointment, Award, CEO, Insurance Leader of the Year 2023, John Keogh, Larry Fink, leadership, Mario Greco, Zurich Insurance Group
(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
(IN BRIEF) A survey conducted by the World Economic Forum, involving over 11,000 business leaders from 110 countries, has revealed that economic and societal threats, such as economic downturns, inflation, and declining social cohesion, are the most significant risks in … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Society, Switzerland, Technology
Tagged Carolina Klint, Economic Threats, economy, environmental risks, Financial, investment, Marsh McLennan, Peter Giger, Societal Threats, Technological Risks, World Economic Forum Survey, Zurich Insurance Group
(IN BRIEF) Zurich Insurance Group has announced a significant strategic alliance with Kotak Mahindra Bank in India, with plans to acquire a 51% stake in Kotak Mahindra General Insurance Company for $488 million. This investment marks one of the largest … Read the full press release
(IN BRIEF) Zurich Resilience Solutions, a unit of Zurich Insurance Group, and KPMG Switzerland have formed a strategic collaboration to provide advisory services addressing both physical and transition risks associated with climate change. This offering, initially available in Switzerland, will … Read the full press release
(IN BRIEF) Zurich Insurance Group has announced the appointment of Dirk De Nil as the Global Head of Zurich Resilience Solutions, effective from October 1, 2023. De Nil, currently the CEO of Zurich Benelux and Nordics, will succeed Hanno Mijer, … Read the full press release
(IN BRIEF) Zurich Insurance Group has announced a strategic partnership with Qover, a Belgium-based insurtech, through Zurich Global Ventures. As part of the collaboration, Zurich is joining Qover’s Series C funding round. Qover, founded in 2016, offers a technology-enabled distribution … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Switzerland
Tagged innovative, insurance, Jack Howell, partnership, Qover, Quentin Colmant, Zurich Global Ventures, Zurich Insurance Group
(IN BRIEF) Zurich Insurance Group’s shareholders have confirmed Michel M. Liès as Chairman of the Board of Directors at the Annual General Meeting. All the other current Board members have also been elected. The Board comprises 12 members, with equal … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Switzerland
Tagged appointment, Barry Stowe, board, Catherine Bessant, Christoph Franz, Dame Alison Carnwath, Joan Amble, Kishore Mahbubani, leadership, Mario Greco, Michael Halbherr, Michel M. Liès, Monica Mächler, Peter Maurer Jasmin Staiblin, re-election, Sabine Keller-Busse, 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
(PRESS RELEASE) ZÜRICH, 20-May-2022 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), Swiss’s largest insurer, has announced the sale of its property and casualty insurance company in Russia to some members of the local team of the unit. According to … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Russia, Switzerland
Tagged casualty insurer, insurance, non-life insurance, property insurer, Zurich, Zurich Insurance Group, Zurich Russia
(COMUNICADO DE PRENSA) ZÜRICH, 20-May-2022 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), la aseguradora más grande de Suiza, ha anunciado la venta de su compañía de seguros de propiedad y accidentes en Rusia a algunos miembros del equipo local … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, Russia, Switzerland
Tagged aseguradora de accidentes, aseguradora de bienes, casualty insurer, insurance, non-life insurance, property insurer, seguros, seguros distintos de los de vida, Zurich, Zurich Insurance Group, Zurich Rusia, Zurich Russia
Top risks are climate crisis, growing social divides, heightened cyber risks and an uneven global recovery, as pandemic lingers on Global survey of experts finds only 1 in 6 are optimistic and only 1 in 10 believe the global recovery … Read the full press release
Posted in Economy, Government, Healthcare, Management, News, Politics, Science, Society, Switzerland, Technology
Tagged Carolina Klint, Climate, Climate risks, competition in space, Cybersecurity, disorderly climate transition, global concerns, global economic recovery, Global Risks Report 2022, livelihood crises, Marsh McLennan, mental health deterioration, migration pressures, National University of Singapore, Oxford Martin School, pandemic, Peter Giger, REPORT, Saadia Zahidi, SK Group, societal divides, University of Oxford, University of Pennsylvania, World Economic Forum, Zurich Insurance Group
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.
(PRESS RELEASE) ZÜRICH, 3-Dec-2021 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), Swiss’s largest insurer, has announced that it will join The Valuable 500, a global movement made up of 500 CEOs and their companies, innovating and working together for … Read the full press release
Posted in Insurance, Management, News, Society, Switzerland
Tagged disabilities, disability inclusion, diversity, Employee Resource Group, ERG, Inclusion, International Day of People with Disabilities, Mario Greco, people with disabilities, The Valuable 500, wellbeing, Zurich, Zurich Insurance Group
(PRESS RELEASE) ZURICH, 21-Sep-2020 — /EuropaWire/ — Zurich Insurance Group (Zurich) announces an exclusive reforestation sponsorship in The Atlantic Forest initiative in Brazil. The targeted, sustainable reforestation project will see 1 million trees planted to transform a barren farmland back … Read the full press release
Posted in Environment, Insurance, News, Society, Switzerland
Tagged 1.5°C Pledge, 2020 UN Global Biodiversity Outlook 5, addressing climate change, Alison Martin, Atlantic Forest initiative, biodiversity, biodiversity loss, Brazil, Brazilian rainforest, Brazil’s Atlantic Forest, climate change, conservation, Covid-19 pandemic, curbing climate change, deforestation, ecological conservation, healthy ecosystems, Healthy forests, Instituto Terra, insurance policies, insurer, Lélia, Minas Gerais, monoculture plantations, preventing future pandemics, rainforest, reforestation, reforestation project, reforestation sponsorship, restore biodiversity, Rimba Raya, Sebastião Salgado, tree planting, UN Business Ambition, Zurich, Zurich Insurance Group, ‘green deserts’
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
(PRESS RELEASE) ZURICH, 1-Jun-2020 — /EuropaWire/ — Swiss global general and life insurer Zurich Insurance Group (Zurich) announced it is welcoming the UK’s Financial Conduct Authority decision to test policy wordings from across the UK insurance industry in the UK … Read the full press release
Posted in Business, Financial, Healthcare, Insurance, News, Society, Switzerland, United Kingdom
Tagged COVID-19, financial relief, health emergency, insurance, insurers, policyholders, premium rebates, Zurich, Zurich Insurance Group
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