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Zurich Insurance Group
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Zurich Insurance Group Is Set to Dispose of Its Remaining 9.4% Stake
Nov 25, 2013Switzerland’s multi-line insurance provider Zurich Insurance Group is set to dispose of its remaining 9.4% stake in New China Life Insurance (NCI) for $943m (£584.7m), to diversify its Asian operations. Zurich plans to ...
Tags: Zurich Insurance, Life Insurance
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Zurich Insurance Inked an Agreement to Purchase 100% Ownership of BnB SURE Proprietary
Oct 17, 2013Zurich Insurance Company South Africa, a subsidiary of the Zurich Insurance Group, has inked an agreement to purchase 100% ownership of BnB SURE Proprietary, for an undisclosed sum. The current announcement stems up from a development in ...
Tags: Zurich Insurance, Insurance
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Foreign Insurance Giants Cast Eye on The Chinese Vehicle Insurance Market in Succession
Sep 10, 2013Foreign insurance giants have cast eye on the Chinese vehicle insurance market in succession. Hubei Biocause Pharmaceutical Co., Ltd. (SZSE: 000627), a shareholder of Tianping Auto Insurance Co., Ltd., said in a statement on September ...
Tags: Vehicle Insurance, Service
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Zurich Insurance Posted a Net Income After Tax Attributable to Shareholders of $1.85bn
Aug 19, 2013Zurich Insurance Group has posted a net income after tax attributable to shareholders of $1.85bn for the first-half ended on 30 June 2013, a decline of 17% compared to $2.22bn for the same period last year. During the period, business ...
Tags: Zurich Insurance, Insurance
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AIG Named Kevin Hogan as New CEO of AIG Global Consumer Insurance, Effective October 2013
Aug 16, 2013Property and casualty insurance provider American International Group (AIG) has named Kevin Hogan as new CEO of AIG Global Consumer Insurance, effective October 2013. Hogan, who earlier served the company for 24 years, will report to ...
Tags: Consumer Insurance
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PIMS Enhanced Its Commercial Property Insurance Program with Zurich Insurance Group
Aug 9, 2013Premier Insurance Management Services (PIMS) has enhanced its commercial property insurance program with Zurich Insurance Group in North America. The program, which is underwritten by individual member firms of Zurich in North America, ...
Tags: Insurance, healthcare
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Zurich Is Said to Have a Plan to Buy Into Chinese Property Insurance Firm Sinosafe
Jun 21, 2013Switzerland-based Zurich Insurance Group is said to have a plan to buy into Chinese property insurance firm Sinosafe General Insurance Co., Ltd. Sources said recently that the Swiss insurance group was looking for a stake in a Chinese ...
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Zurich Insurance Reported a BOP of $1.4bn and NIAS of $1.1bn on Q1 2013
May 20, 2013Switzerland’s multi-line insurance provider Zurich Insurance Group has reported a business operating profit (BOP) of $1.4bn and net income attributable to shareholders (NIAS) of $1.1bn for the three months ended on 31 March 2013. ...
Tags: Zurich Insurance, Insurance
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Dai-ichi Life, Zurich and Allianz are gearing up to bid for the insurance arm
Feb 19, 2013Japan's Dai-ichi Life Insurance, Zurich Insurance Group and Allianz in Germany are gearing up to bid for the insurance arm of Turkish bank Yapi ve Kredi Bankasi, Yapi Kredi Sigorta, to expand their footprint in Turkey. Yapi Kredi Sigorta ...
Tags: Japan, Dai-ichi Life Insurance, Zurich Insurance Group, Allianz
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Zurich Insurance Group Has Reported a BOP of $4.1bn for The Full Year 2012, Down by 4%
Feb 19, 2013Zurich Insurance Group has reported a business operating profit (BOP) of $4.1bn for the full year 2012, down by 4% from $4.24bn during the same period last fiscal. Net income after tax attributable to shareholders (NIAS) stood at $3.9bn, ...
Tags: Zurich Insurance Group, BOP, 2012
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Pegasystems Has Signed a Deal with Zurich Insurance Group for a BPM System
Jan 7, 2013To streamline commercial underwriting in Switzerland Business process management and customer relationship management player Pegasystems announced that it has signed a deal with Zurich Insurance Group for a BPM system for its commercial ...
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Zurich Insurance Group Would Help Automate Its Commercial Process in Switzerland
Dec 26, 2012Swiss life insurer has selected Pegasystems's software solution to help automate its commercial underwriting process in Switzerland. Automation of commercial underwriting process that comprises both broker and agent channel, several ...
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Zurich Reported A BOP of $1.13bn for The Second Quarter of 2012
Dec 4, 2012Zurich Insurance Group (Zurich) has reported a business operating profit (BOP) of $1.13bn for the second quarter of 2012, with a slump of 12% from $1.28bn during the same period last fiscal. Zurich headquartered underwriter said that its ...
Tags: Zurich Insurance, operating profit, net income, insurance
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Generali Has Appointed Mario Grecoas Its New CEO
Dec 4, 2012The third biggest underwriter in Europe Generali has appointed Mario Grecoas its new CEO, after terminating the employment contract between the company and Giovanni Perissinotto as general manager. Before accepting the current position at ...
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Zurich Private Clients Plan to Re-Launch Its High Net Worth Travel Insurance Product
Dec 3, 2012Zurich Private Clients is planning to re-launch its high net worth Travel insurance product for customers in late 2012. Dubbed Zurich Private Clients Travel policy, the new travel product is only available as an extension to Home and ...
Tags: travle insurance, insurance product, insurance service, travel product