Zurich Financial Services
ZFS : Insurer Zurich posts 88% rise in Q2 net profit
Swiss insurer Zurich Financial Services (ZFS) announced second quarter net profit rose 88 per cent to $1.3 billion, boosted by the sale of a...
Zurich Financial sells some policies to Swiss Re
Zurich Financial Services said Wednesday it is selling part of its non-core businesses to reinsurer Swiss Re, which will allow it to unlock and...
Reward : Zurich Corporate Pensions achieves quality accolade for the second year running
Zurich Corporate Pensions announces that it has been named as a 2010 Greenwich Quality Leader in UK Bundled Defined Contribution Corporate Pensions.
The accolade recognises...
ZFS to buy $1.67 bn stake in Santander Latin America unit
Swiss insurer Zurich Financial Services said Tuesday it had reached a $1.67 billion deal with Banco Santander to buy 51 percent of the Spanish...
Insurer Zurich posts 13% slump in 2010 net profit
Swiss insurer Zurich Financial Services on Thursday posted a 13 percent slump in annual net profit to 3.43 billion dollars, hurt by losses from...
Zurich pays 37.5 million dollars to settle NY state dispute
Swiss insurer Zurich Financial Services said Monday that it had agreed to pay some 37.5 million dollars (28.2 million euros) to the US state...
Investment : Zurich to Invest $420 Million in New China Life
Zurich Financial Services AG will spend as much as $420 million to participate in the capital raising of unlisted New China Life Insurance Co.,...
Insurer Zurich says it provisions British, Irish property
Swiss insurer Zurich Financial Services said on Friday that it had set aside 330 million more dollars to meet potential losses arising from its...
Zurich Financial has signed an agreement to acquire 80% of PT Mayapada Life, a Indonesian life insurer
Zurich Financial Services Group (Zurich) announced today that its subsidiary Zurich Insurance Company Ltd has signed an agreement to acquire 80% of PT Mayapada...
Post-crisis finance could learn from salmon farms: report
The financial services industry could learn lessons from the plight of Chilean salmon farmers or US wildfire management, a report backed by senior bank...
Zurich Financial’s net profit up six percent in 2009
Swiss insurer Zurich Financial Services on Thursday reported a six percent increase in annual net profit in 2009 to 3.2 billion dollars (2.3 billion...
Zurich to enhance strategic business risk modeling
Zurich Financial Services Group today announced key enhancements to its Global Risk Assessment Module (GLORAM), an innovative tool designed to assist businesses around the...
Tony Blair helps Zurich Financial Services for £2 million
According to the Sunday Times, Tony Blair has provided some further details of his extensive business interests during an interview in which he described...
Zurich Financial’s net profits down 24 percent over nine months
Swiss insurer Zurich Financial Services said Thursday its net profit fell 24 percent, slightly lower than expected, over the past nine months to 2.2...
Zurich UK discloses loss of data tape with customer information
The UK branch of Zurich Insurance plc (“Zurich UK”) announced today, that it has written to Zurich Private Clients, Zurich Special Risks and...
Swiss insurer Zurich loses 51,000 British customers data
Zurich Financial Services said it had called in auditors KPMG to investigate after details of 51,000 British customers were lost at a data storage...
Zurich appoints Scott Egan as Group Head of Operations, Planning and Performance Management
Zurich Financial Services Group announces the appointment of Scott Egan (38, British), currently Chief Financial Officer (CFO) for UK General Insurance, to the position...
Zurich and CSC negociate a $2.4 billion IT contract for 10 years
Zurich Financial Services Group announced today they enter into exclusive contract negotiations with CSC for the provision of data center and information technology (IT)...
Zurich launches Climate Ready Broker Award to encourage climate change sensibilization
As part of its strategy to encourage general insurance brokers to help customers adapt to the impact of climate change, Zurich Financial Services Australia...
