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Zurich Insurance

Zurich commits to avoid 5 mln metric tons of CO2 emissions annually

4 mins read

The FINANCIAL — Zurich Insurance Group, the leading insurer on the Dow Jones Sustainability Index (DJSI), is to become the first large institutional investor to prioritize the ‘impact’ rather than monetary amount of its impact investment portfolio. Zurich will focus on its targets of avoiding 5 million metric tons of CO2 equivalent emissions annually – the amount emitted in a year by one million cars – and improving each year the lives of 5 million people – comparable to the population of Ireland. As of the end of September, the portfolio helped avoid 2.9 million tons of CO2 equivalent emissions and…

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Zurich commits to avoid 5 mln metric tons of CO2 emissions annually

4 mins read

The FINANCIAL — Zurich Insurance Group, the leading insurer on the Dow Jones Sustainability Index (DJSI), is to become the first large institutional investor to prioritize the ‘impact’ rather than monetary amount of its impact investment portfolio. Zurich will focus on its targets of avoiding 5 million metric tons of CO2 equivalent emissions annually –…

Nokia FWA enables 5G-powered ultra-fast broadband for Swisscom customers

3 mins read

The FINANCIAL — Nokia has today announced that Swisscom will deploy Nokia FastMile 5G Receivers primarily in rural areas in Switzerland to offer ultra-fast broadband services. Nokia will be Swisscom’s exclusive supplier for 5G Fixed Wireless Access (FWA). The solution will help Swisscom to quickly meet demand for broadband services. The Nokia FastMile 5G Receiver combines the…

Vienna Insurance Group sets up assistance company in the Baltics

3 mins read

The FINANCIAL –With the establishment of Global Assistance Baltic, Vienna Insurance Group is continuing to expand its own service companies. The expansion is part of the VIG Group’s strategy to increase digital services. Last year, the Group’s assistance companies handled around 400,000 cases for their customers. Vienna Insurance Group (Wiener Versicherung Gruppe) sees the creation…

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Get the Right Insurance

8 mins read

Any car is an investment, and if you've chosen to invest in a Mercedes-Benz vehicle, you're sure to want to keep it going for a long time. When you take good care of your car, you can extend its lifespan. You'll be able to drive it for longer, or you'll be able to help maintain…

Zurich revealed the winners of Innovation Championship 2020

5 mins read

The FINANCIAL — Zurich Insurance Group (Zurich) has selected the top three winners of its year-long competition for start-ups with innovative ideas that seek to solve some of society’s biggest challenges and provide protection from emerging risks. The Gold winner in the second edition of the Zurich Innovation Championship is ClaimFlo, a processing platform for property…

Zurich announced expansion of corporate travel insurance propositions

3 mins read

The FINANCIAL — Zurich Insurance Group (Zurich) is expanding its market-leading business travel product and services into a comprehensive solution that goes beyond helping businesses safeguard their employees from risks when traveling. The enhanced offering includes a larger international servicing network, broader insurance coverage and new capabilities to support travelers and risk managers through technology.…

Unemployment

30 million unemployed go missing and with them USD14bn of monthly consumption

7 mins read

The FINANCIAL -- An unprecedented rise in the inactive population since February has seen more than 30 million workers going missing from official unemployment statistics across selected OECD and Emerging Market economies. Because of this” hidden unemployment,” the true monthly hit to household consumption could be underestimated by USD14bn, according to Euler Hermes, one of the global leaders…

Winners of Zurich inaugural global insurtech competition are already known

5 mins read

The FINANCIAL -- Zurich Insurance Group (Zurich)announces that Chisel AI is the Gold winner in the first Zurich Innovation World Championship for its work that aims to improve processing of unstructured data sources using artificial intelligence technology. Zesty.ai was the Silver winner, and LifeNome and Soldier.ly were named shared Bronze winners.…

Zurich to Transfer UK Legacy Employers’ Liability Portfolio to Catalina

2 mins read

The FINANCIAL -- Zurich Insurance Group announced that its subsidiary Zurich Insurance plc has entered into an agreement with Catalina Holdings Ltd and certain of its subsidiaries, a specialist acquirer of legacy insurance portfolios, to transfer its pre-2007 UK legacy employers’ liability policies1 to Catalina.…