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Zurich announced that Kristof Terryn, currently CEO of Global Life, will take over as CEO of General Insurance, effective October 1, 2015.
Zurich will cut costs by more than planned as it seeks to reverse a drop in earnings.
Zurich Insurance Group said first-quarter profit fell 4% on lower earnings from general insurance and higher tax payments.
Zurich is shrinking office space at a key unit and will ask staff to share desks to help reverse a drop in earnings.
Zurich Insurance Group AG said the sale of its Russian retail unit will lead to an estimated loss of about $300 million.
Zurich veteran Dan Riordan has been promoted to CEO of Global Corporate in North America.
Even though enterprise risk management (ERM) is seen as a growing need for organizations globally, companies are still struggling to implement the practice enterprise-wide, according...
Even though enterprise risk management is seen as a growing need for organizations globally, companies are still struggling to implement the practice enterprise-wide, according to...
Supply chain disruption has become commonplace for the vast number of manufacturers, retailers, and other businesses that today are connected to global supply chains. In...
State Farm will reduce its rate request for rental dwelling policies in California by an average of 40 percent in 2017.
Waves of DDoS attacks shut down swatches of the internet on Friday, prompting the need for the insurance industry to issue standard cyber liability coverage forms.