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Zurich Strengthens its Contribution to Public-Private Efforts on Cybersecurity

1 min read

The FINANCIAL -- Zurich Insurance Group is stepping up its support for public-private efforts to combat cyber-threats by sealing a new partnership with the World Economic Forum. Zurich will become a partner of the Forum’s Global Centre for Cybersecurity, which aims to build the first global platform for governments, businesses, experts and law enforcement agencies…

Photo by World Economic Forum

Global Economic Growth is Solid but Slowing, and Emerging Asia will Continue to Power the Insurance Market

3 mins read

The FINANCIAL -- Global economic growth is solid but slowing, and emerging Asia will continue to power the insurance market Global economic growth will remain strong over the next two years, although momentum has peaked.…

Lloyd’s Brussels Starts New Chapter for Lloyd’s in Europe

1 min read

  The FINANCIAL -- Lloyd’s Brussels is Lloyd’s first Europe wide operation and will bring Lloyd’s expertise closer to its customers and partners in Europe.…

Zurich Reports Good Growth in Revenues for the First Three Quarters

2 mins read

The FINANCIAL -- Gross written premiums in Property & Casualty for the first nine months of 2018 grew 2% in U.S. dollar terms and were stable on a like-for-like basis. Growth in Asia Pacific and Latin America was partially offset by planned actions focused on profitability in North America. Overall the Group saw rate increases…

Zurich – Group Net Income of USD 1.1 Billion for Nine Months 2018

1 min read

The FINANCIAL -- Group net income of USD 1.1 billion for the nine months 2018, impacted by expected USD 1.6 billion claims burden from natural catastrophes and large man-made disasters.…

New Approach Needed to Protect More Workers in the 21st Century

1 min read

The FINANCAIL -- Zurich Insurance Group launches a major three-year research program, Agile Protection, in partnership with the Smith School of Enterprise and the Environment at the University of Oxford. The study will look at the potential for developing frameworks involving different stakeholders, so more workers are provided with flexible protection and financial support in…

Demand for Cyber Insurance Growing Rapidly

1 min read

The FINANCIAL -- Digitalisation is progressing at a tremendous pace. In almost all sectors, processes are being automated and brought online in order to increase efficiency and improve client satisfaction.…

Swiss Re Estimates its Third Quarter Claims Burden From Large Natural Catastrophes at USD 1.1 Billion

1 min read

The FINANCIAL -- Swiss Re estimates its preliminary claims burden from recent natural catastrophes amount to approximately USD 1.1 billion in the third quarter of 2018, net of retrocession and before tax. Claims from Typhoon Jebi are expected to be USD 500 million.…

Munich Re offers More than Just Insurance

1 min read

The FINANCIAL -- Digitalisation undoubtedly offers huge opportunities for people and companies. It can help firms to increase productivity, efficiency and quality as well as reduce risks. Digital services and products can also improve customer satisfaction.…

Conagra Brands Announces Public Offering Of Common Stock

1 min read

The FINANCIAL -- Conagra Brands, Inc. announced that it is offering to sell, subject to market and other conditions, $575 million of its common stock through an underwritten public offering.…

Zurich to acquire Adira Insurance

1 min read

The FINANCIAL -- The transaction includes two separate long-term strategic cooperation agreements with Bank Danamon, Indonesia’s fifth-largest bank by market capitalization, and with Adira Finance, the country’s second-largest motorcycle and auto financing solutions provider.…

Vienna Insurance Group promotes peace through social initiatives

1 min read

The FINANCIAL -- Three projects currently supported by VIG and other organisations revolve around the subject of peace, and aim to support children and young people.…

Businesses are urged to build resilience to climate change impact

1 min read

The FINANCIAL -- The likely failure of efforts to meet internationally agreed targets for global warming require businesses to act now to adapt to the risks related to climate change.…

Northwest commuters prefer being behind the wheel despite traffic growth

1 min read

The FINANCIAL -- Commuting can be one of the most vexing parts of the workday, especially when you're caught in slow-moving traffic. But despite the challenges that can come with getting to your destination, and the increasing amount of time Northwest drivers are spending on their daily commutes, the latest poll from PEMCO Insurance finds…

Digital Payments for the Insurance Industry

1 min read

The FINANCIAL --  Dream Payments, a digital platform for banks and insurers, announced that it has released a simpler way for insurers to optimize their claims systems and offer digital payments to consumers. With the Dream Claims Payment API, the first of its kind exclusively for the insurance industry, insurance companies can now more easily…

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