Zurich Insurance
Zurich to exit underperforming business
Zurich has unveiled a new set of priorities in a bid to improve profitability, which will include the sell-off of underperforming businesses.
Claims Club: Deafness claims on the rise as CMCs pursue new avenues
Insurers have repudiated almost three-quarters of industrial deafness claims so far this year as claims management companies look to expand on their traditional personal injury focus.
Interview: Ian Parker: Taking the scenic route
Ian Parker’s search for the right firm took him across the globe before he finally found his ‘sweet spot’ with Equity. The chief executive tells Post why the insurer is such a perfect fit.
Review of the Year: Loss Adjusting: Outlook unclear
Benign weather, regulation speculation and insurer panel reviews turned what began as a positive year for loss adjusters into a period of uncertainty. How do key figures from the sector feel about the past 12 months?
Gadget overload makes driving riskier Zurich claims
The rise in gadget use is making driving riskier, according to new research by Zurich.
Zurich fleet team releases cyclist guide
Zurich's fleet risk engineering team has released a guide to help companies manage the risk of cyclist collisions.
Zurich begins hunt for new COO
Zurich UK General Insurance has begun searching for a new chief operating officer to replace current COO Claudio Gienal who has accepted a new post at Zurich Global Life.
Zurich Global Life unveils new Switzerland CEO
Zurich has appointed Claudio Gienal as chief executive of Zurich Global Life in Switzerland, effective from January 2014.
Trio of underwriters join Warrior as Hiscox bolsters casualty team
Hiscox has boosted its casualty team with the appointment of three underwriters with management liability experience to work with ex-Beazley D&O specialist Chris Warrior to build the US and international books of business.
Expertise in Action: Generalist versus Specialist
How much do prospective customers place on their insurer and broker’s specialist knowledge when buying insurance? And does it become stronger depending on the size of the niche?
Expertise in Action: Broker: Sharper focus
Combining a generalist approach with specialist knowledge is essential for insurers seeking to differentiate themselves from the competition.
Expertise in Action: Broker: Standing out
In an increasingly competitive marketplace, brokers can gain an edge by specialising in niche areas and strengthening their regional focus
Green Deal: Green living
With the Energy Act imposing new energy‑efficiency standards on commercially and privately let properties by April 2018, what do the changes mean for the insurance industry?
Magic circle firms worked on Zurich China deal
Slaughter & May is acting opposite Freshfields Bruckhaus Deringer on Swiss Re's $493m acquisition of 4.9% stake in China's third biggest life insurance company.
Aspen Reinsurance appoints head of North American surety
Aspen Reinsurance, the reinsurance segment of Aspen Insurance, has appointed Scott Hurlburt as senior vice president and head of North American surety.
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”.