Zurich Insurance Group (Zurich) is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience.
Reflecting its purpose to ‘create a brighter future together,’ Zurich aspires to be one of the most responsible and impactful businesses in the world. It is targeting net-zero emissions by 2050 and has the highest-possible ESG rating from MSCI. In 2020, Zurich launched the Zurich Forest project to support reforestation and biodiversity restoration in Brazil.
The Group has about 60,000 employees and is headquartered in Zurich, Switzerland. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX.
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Zurich denies report of full takeover of Indian general insurance JV
- July 15
Zurich spokesperson tells InsuranceAsia News that 'we are committed to our successful partnership with Kotak Mahindra Bank'.
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Zurich enters Australian home insurance market via new Honey tie-up
- July 3
Agreement follows a similar partnership to offer pet insurance in March.
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ACCC approves Zurich-Beazley deal, finds ‘unlikely’ threat to competition
- June 17
Two insurers would likely continue to face competition from multiple alternative suppliers of specialty insurance products in Australia, according to the Australian Competition and Consumer Commission (ACCC).
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Asean renewable energy assets worth US$165bn facing severe climate risk exposure by 2030: Zurich
- June 10
About 75% of total capacity is projected to face severe climate risk exposure by 2030, but US$82 billion in losses can be circumvented, according to Zurich.
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Zurich New Zealand hires Alan James as head of distribution
- May 28
He joins from AIG, where he spent 17 years holding roles in London, Singapore and Auckland.
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Zurich’s US$11bn Beazley deal draws Australian antitrust scrutiny over ‘competitive overlap’
- May 26
New mandatory merger control regime has prompted the the Australian Competition and Consumer Commission (ACCC) to examine whether the deal will affect the supply of specialty insurance products.
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Zurich elevates Kin Lee to APAC head of energy
- May 20
Singapore-based Lee will lead the development and execution of the underwriting strategy for Zurich’s energy portfolio across the region.
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Zurich appoints Giles Crowley, Sarah Powell to newly created leadership roles
- May 19
Insurer names Crowley as head of customer and distribution management for APAC, with Powell named head of international broker and customer engagement.
Environmental, Social, and Governance considerations for Directors and Officers
Increased scrutiny from investors on companies’ Environmental, Social, and Governance (ESG) credentials, such as board diversity and environmental impacts, presents greater potential Directors and Officers (D&O) liability exposure.
Choppy waters ahead: Navigating uncertainty when shipping cargo internationally
Supply chain issues, global conflicts, and rising goods prices are causing major disruption to international shipping. Shippers are seeking insurance coverage to protect their operations and manage their increased exposures.
PFAS – the emerging risk of ‘Forever Chemicals’
Chemicals found in household products and a range of commercial uses – making them nearly impossible to avoid – have given rise to health concerns, litigation and new regulations aimed at controlling their use and limiting the potential harm they can cause.
Zurich Guide to Captives
In this guide we’ll take a comprehensive look at captives – what they are, how they work and what they could do for your business.
Management Liability Risk Insights
The evolving nature of regulatory and sector guidance on climate change - and the presence of climate-action firms that seek to persuade or compel businesses considered not to be taking the risks of climate change seriously - understandably puts pressure on management.
