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Zurich Insurance says shareholders approve dividend of CHF 20 per share
Zurich Insurance Limits AGM To Statutory Meeting Only On Public Health Concerns
Zurich Insurance Announces Placement of USD 200 Mln Of Senior Debt
Zurich Insurance Group AG is a holding company. The Company and its subsidiaries provide insurance products and related services. Its segments include General Insurance, Global Life, Farmers, Other Operating Businesses and Non-Core Businesses. The General Insurance segment provides a range of motor, home and commercial products and services for individuals, as well as small and large businesses. The Global Life segment is engaged in providing unit-linked, protection and corporate propositions through global distribution and proposition pillars. The Farmers segment, through Farmers Group, Inc. and its subsidiaries, provides certain non-claims administrative and management services to the Farmers Insurance Exchange, Fire Insurance Exchange, Truck Insurance Exchange, and their subsidiaries and affiliates. The Other Operating Businesses segment includes the Company's Holding and Financing activities. The Non-Core Businesses segment includes its insurance and reinsurance businesses.
Insurance (Prop. & Casualty)
Michel M. Lies
Independent Non-Executive Chairman of the Board
Group Chief Executive Officer and Member of the Executive Committee
Independent Non-Executive Vice Chairman of the Board
Group Chief Financial Officer, Member of the Executive Board
Jeffrey J. Dailey
Member of the Executive Committee, Chief Executive Officer of Farmers Group, Inc.
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Price To Sales (TTM)
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Zurich Insurance Group <ZURN.S> on Thursday said property and casualty claims related to the coronavirus pandemic could total around $750 million (£614 million) this year, after booking $280 million such claims in the first quarter.
Zurich Insurance Group on Thursday said property and casualty claims related to the coronavirus pandemic could total around $750 million this year, after recognising $280 million such claims in the first quarter.
* ZURICH INSURANCE GROUP AG SAYS FOLLOWING THE APPROVAL OF SHAREHOLDERS, THE DIVIDEND OF CHF 20 PER SHARE WILL BE PAIDOUT AS FROM APRIL 7, 2020 Source text for Eikon: Further company coverage: [ ] (Reporting By Michael Shields)
* ALL BOARD MEMBERS ARE STANDING FOR RE-ELECTION AT THE COMPANY’S ANNUAL GENERAL MEETING (AGM) ON APRIL 1, 2020
* ANNOUNCED THE SUCCESSFUL PLACEMENT OF USD 200 MILLION OF SENIOR UNSECURED NOTES
* CHIEF EXECUTIVE OFFICER MARIO GRECO SAYS ~ STRATEGY DOES NOT REQUIRE M&A Further company coverage:
Rising insurance premiums, strong investment income and cost savings helped Zurich Insurance <ZURN.S> lift operating profit by 16% last year as Europe's fifth-largest insurer exceeded its 2017-19 targets.
* CHIEF FINANCIAL OFFICER GEORGE QUINN SAYS ~DOESN'T EXPECT SIGNIFICANT IMPACT FROM CORONAVIRUS Further company coverage:
Zurich Insurance Group posted a 16% rise in 2019 business operating profit on Thursday as it benefited from an improved business mix, lower volatility and cost savings.
* CEO MARIO GRECO SAYS ~HAS NO PUBLIC TARGET ON COST CUTS, EMBEDDED IN FINANCIAL TARGETS Further company coverage: (Reporting By Carolyn Cohn)
Zurich Insurance Group posted a 2% rise in nine-month property and casualty gross written premiums on Thursday, adding the development is expected to have a positive effect on net earned premiums in the coming year.
Zurich Insurance Group posted a 7% rise in nine-month property and casualty gross written premiums on Thursday on a like-for-like basis, adding the development is expected to have a positive effect on net earned premiums in the coming year.
Zurich Insurance Group on Friday appointed Peter Giger its new head of risk.
* ZURICH INSURANCE CFO SAYS SEES NO OPERATIONAL OR GOVERNANCE IMPACT FROM BREXIT Source text for Eikon: Further company coverage: (Reporting By Zurich newsroom)
Zurich Insurance Group <ZURN.S> is set to beat its financial targets as it uses aggressive cost-cutting to counter a weaker topline, Europe's fifth-biggest insurer said on Thursday.
Zurich Insurance Group is set to beat its financial targets as it reached cost-cutting goals ahead of schedule, Europe's fifth-biggest insurer said on Thursday.
Zurich Insurance Group named Alison Martin as chief executive officer Europe, Middle East & Africa (EMEA) and Bank Distribution with immediate effect.
Zurich Insurance said Amanda Blanc, chief executive for the Europe, Middle East and Africa region and a member of the group's executive committee, tendered her resignation.
* ANNOUNCES EARLY REDEMPTION OF EUR 425 MILLION OF DATED SUBORDINATED NOTES Source text for Eikon: [https://bit.ly/2XeVyDX] Further company coverage: (Berlin Speed Desk)
* WILL ALSO EXPAND ITS EXISTING THERMAL COAL POLICY AIMED AT REDUCING THE USE OF CARBON INTENSE FOSSIL FUELS Source text: [https://bit.ly/2XvwQ1A] Further company coverage:
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