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 Kotak appoints Ajey Hegde to lead its commercial portfolio
- October 3
Hegde, an industry veteran with over two decades of experience, was executive vice president with Tata AIG General Insurance prior to this move.
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Insurers need a multipronged approach to carbon transition: Zurich’s Hui
- September 26
Beyond underwriting and investment initiatives, insurers can serve as advocates for climate action, leveraging their expertise to influence public discourse on sustainability, says Zurich HK chief executive Eric Hui.
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Zurich names new APAC financial lines and casualty heads in two senior appointments
- September 9
The insurer has appointed Robin Cooper-Driver as head of financial lines and Edward Rayfield, who joins from AIG, as head of casualty for the region.
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Zurich elevates David Wainwright to chief risk officer for ANZ
- September 4
Wainwright, currently CRO for the insurer's UK life business, will start his new role in January next year succeeding Jaimie Sach who is retiring.
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Conduct exclusion wordings get scrutinised as Segantii’s insider dealing case unfolds
- August 28
Ongoing criminal proceedings against one of Asia’s oldest hedge funds have highlighted the need for managers to constantly review policy coverage, limits and carriers' claims handling capability, according to financial lines underwriters.
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Zurich Singapore appoints Chubb’s Nixon Ooi as head of accident and health
- August 19
Ooi will report directly to Alexandra Cowley, chief underwriting officer for Zurich Singapore.
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Zurich APAC H1 premiums up 9%, COR climbs marginally to 93.7%
- August 8
Top line increase driven by strong retail growth, however, rising commission costs from a recovery in travel business in the region hurts bottom line.
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Zurich Hong Kong elevates Lena Liu to head of middle market, commercial insurance
- August 6
Liu, who has been with the carrier for more than 14 years, was most recently head of operations, international programs and captives.
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.
