by AIP Online Bureau | Jul 28, 2026 | Eco/Invest/Demography, International News, Life, Pension & Social Security, Regulation
“The regret is that we should have found it ourselves, which we didn’t despite all the audits and checks that we do. Remediation steps hadn’t been followed, which led to the enforcement proceeding, Chief Executive Officer Mario Greco Zurich Insurance said on Monday...
by AIP Online Bureau | Mar 10, 2026 | International News, Non-Life, Reinsurance
Zurich said the purchase will make it a top-three provider of life and non-life insurance in Ireland, where it has served customers for more than 75 years. The deal comes a week after the Swiss company made a firm bid for specialty insurer Beazley Plc and started a $5...
by AIP Online Bureau | Mar 2, 2026 | International News, Non-Life, Reinsurance, Technology
“Together with Beazley, we will create the world’s leading Specialty underwriter, with around $15 billion of pro forma gross written premiums, exceptional underwriting expertise and data capabilities, and leading access to global distribution,” said...
by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Non-Life, Reinsurance
Beazley’s board “has concluded that the financial terms of the proposal are at a level that it would be minded to recommend” to its shareholders, according to the joint statement. “Zurich looks forward to commencing its confirmatory due diligence on Beazley and...
by AIP Online Bureau | Nov 13, 2025 | Eco/Invest/Demography, International News
US life insurers have ramped up private debt investments, allocating close to a third of their $5.6 trillion in assets to the sector last year, up from 22% a decade ago, according to data compiled by research firm CreditSights. Zurich Insurance Group AG has selected...