Zurich Insurance
Zurich's global CEO "deeply regrets" Lehmann's departure
Alex Lehmann, Zurich's chief risk officer and chairman of Europe, Middle East and Africa, will leave the insurer by the end of the year.
Analysis: Asia's high growth markets
Insurers see high growth potential in several large countries across Asia but caution is needed. Nicky Burridge explains.
Airmic: Speakers and sessions to look out for
This year’s Airmic conference, on 15 to 17 June, will see attendees descend on Liverpool. Post caught up with some of the speakers to find out a bit more about them and what they thought this year’s talking points would be – and has picked out some key…
Dual hires Paradine for non-exec role as MGA eyes Asia-Pacific acquisitions
Industry veteran Terry Paradine, a former chairman and CEO of Marsh Asia-Pacific, has become non-executive chairman at Dual Asia-Pacific.
Understanding brand value holding up progress in reputation coverage
Difficulty quantifying brand value is hampering the development of the reputational insurance market, despite increasing demand from companies to protect their brands from the threat of social media onslaughts.
Zurich's CEO joins $12trn investors to urge G7 climate pledges
Martin Senn, Zurich's global CEO, has signed a letter with some of the world's leading investors calling for urgent action on climate change.
Zurich on acquisition hunt with £1.9bn excess capital
Zurich Group has $3bn (£1.9bn) in excess capital it intends to spend by the end of 2016 either through merger and acquisition activity or return of capital to shareholders.
Zurich wins ‘landmark' meso case in Supreme Court
The Supreme Court has today (20 May) unanimously ruled in favour of Zurich in a judgment that means an insurer will only have to compensate a solvent employer for the years they were on risk in cases of asbestos-related mesothelioma.
Drones: Up, up and away
The rise in drone use shows no sign of slowing down, both on a personal and commercial level. Insurers can utilise the technology to improve efficiency and tap into a new area of insurance.
Reserve releases and low cat losses aid 30% rise in Zurich UK GI profits
Zurich’s UK general insurance CEO Vibhu Sharma has described a 30% rise in business operating profit as “the obvious highlight” in his firm’s opening quarter results for 2015.
Zurich blames currency movements for global profits dip
Zurich posted a $174m (£114m based on today's exchange rate) fall in general insurance pre-tax profits to $706m in the first quarter of 2015, a drop of 20%.
Zurich's McManus takes Aon HNW role
Former Zurich personal lines broker head Ian McManus is to join Aon Risk Solutions as high net worth proposition head.
Increasingly complex risks spark calls for overarching leadership
Company boards should consider appointing “an executive voice” to focus on their organisations' most important and strategic risks, according to a report claiming that boards are failing to navigate increasingly complex risks.
Data protection key as insurers seek to improve online engagement
Insurers have conceded they must overcome concerns regarding data protection breaches if they are to improve online customer service, following a survey that showed the sector is failing to adequately engage with consumers.
C-Suite - Insurer: To the heart of the promise
As trading conditions remain challenging, the market must not forget the promise made to customers, says Richard Coleman.
Product innovation required as global firms face uninsurable risks
Industry experts have highlighted product innovation as a means of addressing the findings of an Aon study that showed six of the top 10 risks impacting global businesses are uninsurable.
Zurich's Sharma has called on the industry to ‘be bold' but take a longer term view on pricing
Vibhu Sharma, CEO, UK general insurance for Zurich, has called on the UK insurance industry to be bold to match the world of commerce - but to also take a long-term view on pricing for retail, in his first comments since joining the UK market.
Fraudster ordered to pay costs after phantom trip
A Wembley man has been found guilty of trying to defraud the London Borough of Brent after trying to claim damages for a fictitious injury.
Zurich undeterred from fraud fight after appeal is upheld
Zurich says it is "unsurprisingly disappointed" by a 31 March Court of Appeal decision that ruled in favour of a claimant the insurer had evidence to show had made a fraudulent claim.
Vulnerable Customers: Protecting the vulnerable
A recent Financial Conduct Authority report found that financial companies are not meeting the needs of the more vulnerable customers in society – so what are insurers doing to help combat this?
Market Moves - 19 March 2015
All the latest job moves in the insurance market.
Berkshire recruits from Zurich in Singapore
Berkshire Hathaway Specialty Insurance has appointed Min Ong regional head of energy for Asia.
QBE leads Hong Kong underwriting profitability for 2014
QBE made a $41m (£27.6m) underwriting profit in Hong Kong last year according to provisional figures released by the Office of the Commissioner of Insurance.
Zurich unveils cyber policy
Zurich has launched its new cyber protection policy in the face of international demand for such a product.