Global giant AIG's property and casualty arm fell to a loss of $2.3bn (£1.3bn) in the fourth quarter of 2015 compared with a $935m profit in Q4 2014.
Zurich is keeping a close eye on how the referendum over UK membership of the European Union progresses, according to UK general insurance CEO Vibhu Sharma, who highlighted the company's position as one that is already headquartered outside the EU.
When I was growing up in the early 1980s, we were subjected to fanciful plot lines from far-fetched films, from Matthew Broderick hacking NORAD's computer system and nearly starting World War III, to Superman being called upon to defeat a computer fraud genius played by a relatively youthful Richard Pryor.
Generali's outgoing CEO Mario Greco will start his upcoming Zurich global CEO role months earlier than originally planned.
Zurich's interim CEO Tom de Swaan has announced plans to eliminate 8000 roles by the end of 2018 after announcing a 37% profit fall last year.