Zurich Insurance has been restructuring under Italian CEO Mario Greco who has been selling assets, cutting jobs and lowering the insurers risk profile.
The combative former chief executive officer of American International Group led the insurer, once the worlds largest, to repay a $182.3 billion taxpayer bailout.
AIG named Kevin Hogan to lead its main life-insurance business, putting him in charge of offerings for individuals, as new Chief Executive Officer Peter Hancock shakes up management.