(Bloomberg) — As Zurich Insurance Group AG begins the search fora chief executive officer, investors may need to prepare for morethan a new face. An end to the company's generous dividends couldalso be on the horizon.
Switzerland's biggest insurer said it is looking for an“entrepreneurial” outsider with deep experience in the industry toreplace Martin Senn, who stepped down Tuesday after sixyears as CEO. Chairman Tom de Swaan will fill in until a successorcan be found.
One of the new CEO's first challenges will be to boost income.After two years of growth barely above zero, Zurich expects anoutright decline in revenue this year.
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