Zurich Insurance News
Allianz Sees Limited Losses From China Explosion; Other Insurers Still Assessing
Allianz SE, Europe's biggest insurance company, said it doesn't expect "major" financial losses from explosions at a chemical storage site in China, as the death toll from the disaster increased. ...
RSA’s Turnaround Shows Why Zurich Insurance May Want to Buy It
RSA Insurance Group Plc, the subject of a potential takeover bid by Zurich Insurance Group AG, reported a jump in first-half profit that beat analyst estimates and restored the interim dividend. ...
Zurich Sees Profits Shrink, Raising Pressure on CEO to Bid for RSA
Zurich Insurance Group AG Chief Executive Officer Martin Senn is under increased pressure to buy RSA Insurance Group Plc after the two companies reported earnings. Second-quarter profit at ...
Cash Will be King if Zurich Insurance Buys RSA
Zurich Insurance Group AG said any offer for RSA Insurance Group will probably be in cash. Wednesday's statement from Zurich means "there's a very high likelihood that it will come through with an ...
Zurich Insurance Confirms Possible Bid For Rival RSA
Cash-rich Zurich Insurance is weighing a bid for British rival RSA Insurance Group which could top $8 billion and be the latest industry tie-up amid toughening regulations. The impending launch of ...
Zurich Names Its Head of Alternative Investments as CIO
Zurich Insurance Group AG, Switzerland's biggest insurer, appointed Urban Angehrn chief investment officer in a management reshuffle. Angehrn, head of alternative investments, replaces Cecilia Reyes, ...
Zurich to Establish U.S. Apprenticeship Program With an Eye on Younger Talent
Zurich Insurance Group plans to launch a U.S.-based apprenticeship program in a bid to identify new blood for the industry and develop their skills. Plans call for launching the program in 2016, with ...
Zurich Insurance Backs Global Approach to Boost Cyber Security
Oversight that transcends national boundaries is necessary to strengthen cyber security beyond current, outdated policies maintained by individual governments, a new Zurich Insurance ...