Zurich | e-Asfalistiki
Zurich delivers USD 8.9bn operating profit, raises dividend to CHF 30, strong progress toward 2027 targets
Highest-ever profit and Core ROE1: Group business operating profit (BOP) at USD 8.9 billion, return on equity (Core ROE1) at 26.9% Outstanding earnings growth: Core Earnings per share2 up 13% to USD 45.1,…
Zurich reports record operating profit and industry-leading return on equity
Group business operating profit (BOP) up 6% to a record USD 4.2 billion; Core ROE climbs to a best-ever 26.3%, Core EPS up 7%. Property & Casualty (P&C) BOP is…
Zurich announces the successful placement of USD 750 million of dated subordinated debt
Zurich Insurance Group (Zurich) announced the successful placement of USD 750 million of dated subordinated notes (the “Notes”). The Notes, which will mature in November 2055 and are first callable…
Chubb, Zurich, National Indemnity Launch Excess Casualty Facility
Chubb, Zurich North America and National Indemnity have announced a new excess casualty facility that can offer up to $100 million in lead excess casualty insurance capacity on a claims-made basis for…
Zurich and Marsh McLennan urge public-private action to bridge cyber protection gap and boost resilience
A new whitepaper from Zurich Insurance Group, a leading global multi-line insurer and provider of resilience services, and Marsh McLennan, the world’s leading professional services firm in the areas of…
Zurich to acquire AIG’s global personal travel insurance business
Zurich Insurance Group (Zurich) today announced an agreement to acquire AIG’s global personal travel insurance and assistance business (AIG Travel) for USD 600 million, plus a potential additional earn-out payment.…
Zurich acquires majority stake in Kotak General Insurance; to build a leading general insurer for India
Zurich acquires 70% of Kotak General Insurance, becoming the first foreign insurer to enter India since the FDI rules were amended to allow up to 74% foreign ownership in 2021.…
Zurich appoints Claudia Cordioli as Group Chief Financial Officer
Zurich Insurance Group (Zurich) today announced that Claudia Cordioli will join the Group on March 1, 2024 as Group Chief Financial Officer (CFO) and member of the Executive Committee, subject…
Zurich announces redemption of subordinated debt
Zurich Insurance Group announced that it intends to exercise its option to redeem the EUR 500 million 4.25% Dated Subordinated Notes, issued by Zurich Insurance Company Ltd in 2013. The…
SCOR Investment Partners establishes a subsidiary in Zurich
SCOR Investment Partners, the SCOR group's portfolio management company, has inaugurated a new subsidiary in Zurich, Switzerland. Named SCOR Investment Partners Switzerland AG, the new entity is responsible for assisting…
