Zurich Insurance has appointed Alison Martin as head of its European business, replacing Amanda Blanc who quit the company last week. Ms. Martin has been chief risk officer at Zurich since she joined the company from Swiss Re in 2017. She will also be in charge of the insurer’s relationships with the banks which distribute… Continue reading Zurich Insurance Appoints New Head of European Business
Tag: Zurich Insurance
Zurich Insurance EMEA CEO Amanda Blanc Resigns
Zurich Insurance said Amanda Blanc, chief executive for the Europe, Middle East and Africa (EMEA) region and a member of the group’s executive committee, tendered her resignation. “The company thanks Amanda for her leadership since she joined in October 2018 and wishes her every success in her future endeavors. Amanda’s successor will be announced in… Continue reading Zurich Insurance EMEA CEO Amanda Blanc Resigns
MGM Resorts Sues Zurich Over Legal Costs from Vegas Mass Shooting
More than 4,000 people are seeking damages from MGM Resorts International related to the Las Vegas Strip mass shooting that left 58 people dead, the casino giant said in a lawsuit alleging its insurance company has failed to pay promised legal costs. Las Vegas-based MGM Resorts alleges breach-of-contract and accuses Illinois-based Zurich American Insurance Co.… Continue reading MGM Resorts Sues Zurich Over Legal Costs from Vegas Mass Shooting
Zurich Insurance Offers a New CE-Accredited Training Program on Severe Weather Resilience
Ahead of the 2019 Atlantic hurricane season, Zurich Insurance is launching a new Continuing Education (CE)-accredited training program on building resilience to severe weather events. The two-hour program, The Post Event Review Capability (PERC) Program and Insurance: Analyzing Resilience and Insurance Protection, is available in Georgia, North Carolina and South Carolina and satisfies requirements for… Continue reading Zurich Insurance Offers a New CE-Accredited Training Program on Severe Weather Resilience
Zurich Notes Improved P&C Pricing Trends in the First Quarter
Global insurer Zurich has report growth across all regions within its property and casualty (P&C) business in the first-quarter of 2019, while the firm remains on track to meet or exceed its full-year targets. The P&C segment recorded like-for-like premium growth of 4% in Q1 2019 to $9.2 billion. However, in US dollar terms P&C… Continue reading Zurich Notes Improved P&C Pricing Trends in the First Quarter
Zurich Makes a Difference in the Lives of Veterans and Military Families
Zurich North America, a leading provider of property and casualty insurance and a company dedicated to improving the lives of veterans and their families, has made a $5,000 donation to Home Base, a Red Sox Foundation and Massachusetts General Hospital Program in support of their mission to heal the invisible wounds, for veterans, service members… Continue reading Zurich Makes a Difference in the Lives of Veterans and Military Families
Zurich Insurance 2018 Net Profit Rose
Zurich Insurance Group AG said Thursday that its net profit for 2018 rose, and raised its dividend. The company reported a net profit of $3.72 billion for 2018, up 24% from $3 billion in 2017. Analysts had seen Zurich’s net profit for the year dropping to $2.98 billion, according to a consensus estimate provided by… Continue reading Zurich Insurance 2018 Net Profit Rose