ZURICH/MUNICH, Jan 30 (Reuters) - Zurich Insurance ZURN.S on Tuesday said its plan to offload its $20 billion Zurich Life Legacy back book in Germany to Viridium Holding has fallen through after the ...
(RTTNews) - Zurich Insurance Group (ZURVY) has agreed to sell its legacy traditional life insurance back book in Germany to Viridium Holding AG. The deal includes the transfer of $20 billion of net ...
Zurich Insurance Group (Zurich) today announced that its subsidiary Zurich Investments Life S.p.A. has completed the sale of its life and pensions back book, composed of both traditional and ...
Zürich Insurance Group is a significant global insurer, managing over $50B worth of premiums and $60B worth of revenue and fees annually. The company has a strong presence in every market and region ...
In Zurich's first-quarter 2025 indicators the business looks to be growing selectively within property and casualty insurance as rates continue to moderate and the business is growing to a lesser ...
ZURICH, June 24 (Reuters) - Zurich Insurance Group (ZURN.S), opens new tab is selling its life insurance legacy back book portfolio in Germany to Viridium Holding, the companies announced on Friday.
LONDON--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the main rated ...
The financial crisis has been painful to the insurance industry, with losses on subprime mortgage securities and other bad assets pushing most major companies into the red in 2008. But for Zurich ...
CHICAGO - Bank One Corporation today announced an agreement to acquire, for approximately $500 million in cash, key business components of Zurich Life, a U.S. life and annuity operation of Zurich ...
Zurich Insurance is a high-quality, well-run insurer with a strong 5% yield, but current valuation limits further upside. Recent results show solid growth in premiums and profitability, but climate ...
ZURICH, May 12 (Reuters) - Zurich Insurance (ZURN.S), opens new tab does not expect to have a major exposure to the failure of supply chain financing firm Greensill Capital, the insurer's chief ...
Zurich Insurance Group AG on Friday said it had agreed to sell its legacy traditional life-insurance back book in Germany to specialist insurer Viridium Holding AG, in a move to shield its business ...