Zurich Insurance
Zurich sells remaining stake in New China Life
Zurich has sold its remaining stake in New China Life for $943m with half of the shares being bought by Swiss Re.
Insurers hope for strike-out legislation after consultation on Summers review
Only two of 18 parties voice opposition to review in Law Commission consultation.
Zurich’s Colm Holmes appointed Aviva UK CFO
Aviva has appointed Colm Holmes as chief financial officer for its UK and Ireland general insurance business.
Zurich to phase out life agents in Hong Kong
Zurich is to end its relationship with 700 tied life agents by the end of 2013 as it shifts towards brokers and IFAs.
Zurich to invest up to $1bn in green bonds
Zurich is to invest up to $1bn in green bonds as part of its investment strategy.
Zurich reports £20m fall in UK GWP in first nine months
Zurich’s UK reported business operating profit of £113m in the first nine months of 2013, up 79% year on the same period in 2012.
Zurich sees European GWP shrink in first nine months
Zurich's general insurance business recorded a 3% increase in gross written premiums and policy fees to $28.2bn (£17.57bn)in the first nine months of 2013.
Zurich records 2% profit increase to $3.6bn in Q3
Zurich's business operating profit increased by 2% at the end of Q3 2013 compared to the same time last year.
IFB levy increase not prohibitive to members who see ‘value for money’
The Insurance Fraud Bureau’s decision to increase its levies for 2014 will not be an obstacle to membership, according to market commentators, as its data sharing capabilities are seen as “value for money”.
Insurers dismiss MP’s fear that medical panels could become their ‘captives’
Pre-medical offers remain a fraud concern for Apil.
Fraud Conference 2013: Cybercrime threat needs to move up the agenda to boardroom level
Fighting cybercrime should be an executive board consideration, insurer panellists at Post’s Fraud conference in London said last week.
Fraud Conference 2013: Insurers demand fundamental reassessment on data sharing
Concerns have been raised about plans by the Chartered Insurance Institute to reform data sharing between insurers and others using section 29(3) of the Data Protection Act.
Penny Black's Insurance Week - 14 November 2013
Penny was delighted to catch up with the new team at Equity this week and find out what their plans are for next year following the overhaul of the business.
Riot Damages Act recommendations could lead to improved underwriting
Recommendations in the independent review of the Riot (Damages) Act 1886 could be a blessing in disguise for insurers according to industry insiders.
Directors’ & Officers’: Much aD&O about nothing
Despite some predicting an uncertain period for the directors’ & officers’ sector following a government discussion paper and a high-profile claim refusal, unconcerned market insiders explain why education is their current priority.
Expertise Live: Building a better future
Construction was the issue up for discussion at the fourth Expertise Live event of 2013, held in association with Zurich.
Zurich's Cawley set to depart as insurer unveils 121 job losses
Zurich’s UK personal lines claims director Jon Cawley will leave the company at the end of this year, as part of a restructure of the firm’s UK personal lines and property claims teams.
Healthy Pets appoints More Than founder as non-exec
Online pet insurer Healthy Pets has appointed one of More Than’s founding team as a non-executive director.
Ex-Zurich CFO under no 'undue pressure' prior to death
Former Zurich chief financial officer Pierre Wauthier was not subjected to any undue or inappropriate pressure in the period leading up to him taking his own life, according to findings of two independent investigations.
Ex-Zurich CFO found to be under no 'undue pressure' prior to death
Former Zurich chief financial officer Pierre Wauthier was not subjected to any undue or inappropriate pressure in the period leading up to him taking his own life, according to findings of two independent investigations.
Penny Speed meets... Gail Cook Head of UK Financial Lines at Zurich
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Insurers frustrated as MoJ defers increase in small claims track threshold
Justice Secretary confirms medical expert panels will be introduced for whiplash.
Career development: Marsh young claims professionals event
Broking giant Marsh sold out its first event for young claims professionals earlier this month.
Seraina Maag to head AIG's EMEA business
AIG has appointed Seraina Maag as president and chief executive of its Europe, Middle East, and Africa region business.