Zurich Insurance
Buying RSA 'not the best option' for Zurich shareholders say analysts
The rationale for Zurich’s takeover of RSA has been questioned by analysts who suggest the insurer would be better served by returning excess capital to shareholders.
Zurich UKGI personal lines boss Holliday heads for the exit
Zurich UK general insurance CEO Vibhu Sharma has reassured brokers that service levels will not be impacted by the departure of UKGI personal lines and Endsleigh managing director Tim Holliday, who has stepped down “to pursue opportunities outside the…
Zurich share price drop blamed on 'destructive history of acquisitions'
The 2% fall in Zurich’s share price yesterday (28 July) against a backdrop of a marginal market-wide uptick has been attributed to the “destructive history of acquisitions in the insurance sector and Zurich specifically”.
Zurich says any offer for RSA will likely be cash only
Swiss giant Zurich has said that any forthcoming offer for buying RSA will likely solely be in cash.
Blog: Rating the likelihood of a RSA takeover from Allianz to Zurich
Fifteen years ago I remember going on a press trip to Munich which took in a number of meetings with Allianz's top brass.
IPT exemption for young drivers and SMEs gains industry support
Moves by the British Insurance Brokers’ Association to secure an exemption for young drivers and SMEs from the insurance premium tax hike have been welcomed by the industry, amid fears increased motor premiums could tempt youngsters to drive uninsured.
Potential Zurich takeover of RSA 'good for the industry' and for both firms
A swoop by Zurich for RSA would be “good for the industry” and would suit both businesses, according to market commentators, despite the likely loss of the RSA brand and subsequent job cuts.
RSA advises shareholders against action in light of Zurich interest
The board of RSA has noted the announcement that Zurich is evaluating a potential offer for the insurer, but have claimed talks have yet to take place and has advised shareholders not to take any action at this stage.
Leong returns to Singapore for Zurich leadership role
Kevin Leong has left Allianz in Canada to become head of customer distribution and marketing for Zurich's Asia-Pacific global corporate business.
Zurich considers takeover offer for RSA
Zurich has confirmed it is evaluating an offer to buy UK-headquartered insurer RSA.
Insurers round on Aviva following 'disingenuous' ABS accusations
Aviva has been criticised for playing the “blame game” in the fight against fraud following accusations that rival insurers with alternative business structures are guilty of “feeding the beast” of fraudulent whiplash claims.
Claims Conference Asia: Q&A with Derek Martin
Derek Martin a senior member of Zurich's Asia-Pacific claims team talks to Post ahead of his speaking slot at the Claims Conference Asia - Singapore.
Six-strong 'crash for cash' gang guilty of £5.6m fraud
A ‘crash-for-cash’ gang who attempted to con UK insurers out of £5.6m have been found guilty of conspiracy to defraud following a five-week trial at Isleworth Crown Court.
Aviva church insurance start-up brand Trinitas facing tough baptism
The chances of Aviva successfully challenging established players in the church insurance market have been questioned following its decision to launch a joint venture with Stackhouse Poland targeting Church of England parishes.
Roundtable: Big Data: What can big data do for the insurance industry?
With big data playing a bigger role across all industries, the big question is what it can do for the insurance sector?
Industry warned of cyber threat as big data collection speeds up
The increased collection of big data by insurers is likely to make them the targets of cyber criminals, the industry has been warned.
Ex-Zurich corporate boss Green joins broker as director
Former Zurich corporate boss Steve Green has joined broker Anthony Jones as a director.
Roundtable: Telematics: a move into the mainstream
Will the falling cost of telematics devices see the technology move away from exclusively targeting young drivers and into other sections of the motor market?
Female millennials survey findings dismissed by optimistic industry insiders
Schemes designed to attract more women into the insurance industry are starting to show signs of success, despite a piece of research that suggests female millennials are being put off a career in the sector.
Insurers accused of shirking duty as MoJ faces calls for NIHL claims shake-up
Industry calls for the Ministry of Justice to introduce a fixed-fee regime and expand the existing Claims Portal to include industrial deafness claims have been met with staunch opposition by the claimant legal fraternity.
Zurich hires for COO role in Australia
Zurich Australia has hired from bank ANZ to replace outgoing chief operating officer Shaun Feely.
Crossrail: Crossing the finishing line
With just three years to go until London’s Crossrail transport link is operational, Post investigates the experience so far for the insurance industry players involved in the project.
Uninsurable risk: No-go zone
According to businesses, six of the top 10 risks facing them are deemed uninsurable. Are insurers being innovative enough to address the problem?
Asia C-Suite: Insuring the Alibabas of tomorrow
Prioritising flexible cover for SMEs in Asia-Pacific will help drive economic growth and innovation in the region argues Zurich's Stuart Spencer.