Zurich Expects $550M Hit From Hurricane Ian; Profit Targets on Track
Zurich Insurance Group expects a net $550 million pre-tax hit from Hurricane Ian, Europe's fifth-largest insurer said on Thursday, though it remains on track to beat its ...
Zurich News
Zurich Reports 25% Increase in H1 Operating Profit, Beating Expectations
Zurich Insurance Group reported a better-than-expected 25 percent rise in operating profit in the first half on strong performance across the board and announced a bumper 1.8 billion Swiss francs ...
The Global Urgency of Building the Carbon Removal Industry
"If you build it, they will come." This famous, but paraphrased, quote from the film "Field of Dreams" is apropos of the fledgling carbon removal industry. The demand is there, but supply needs to be ...
Insurance Industry Support of Carbon Removal Needed in Drive to Net Zero
Ditching investments in fossil fuel businesses—and denying them insurance—aren't the only ways for the insurance industry to participate in the drive to net zero greenhouse gas emissions, ...
Zurich Removes ‘Z’ From Social Media Branding as Russia Uses Symbol in Ukraine War
Zurich Insurance said it has removed the letter "Z" from its social media branding as a result of Russia's use of the letter during its war in Ukraine. "The Zurich brand has been around for 150 ...
Zurich Insurance Reports 35% Increase in 2021 Operating Profit to $5.7B
Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday, after the Swiss insurer reported its biggest annual profit since the ...
How Zurich Commercial Uses Underwriting Discipline to Find Profit in Any Market
Zurich Insurance Group has worked hard to turn around its financial results over the past five years by bringing underwriting back to the organization, with a greater focus on selecting the right ...
Zurich Will Acquire AlphaChat, an Estonia-Based Conversational AI Company
Zurich Insurance Group agreed to acquire Estonia-based company AlphaChat, which provides conversational artificial intelligence (AI) technology for customer service automation, to further enhance the ...
Digital Appeal Waning; Insurance Claimants Heading Back to Humans
Policyholders are starting to pull back from digital channels as the COVID-19 pandemic eases and revert to in-person ways to file insurance claims, a senior executive at Zurich Insurance Group told ...