Today it’s among the world’s largest insurance companies, but Zurich began with humbler origins. It was founded in Switzerland back in 1872, as the reinsurance arm of a larger maritime company. But by ...
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 AG agreed to buy Assicurazioni Generali SpA’s RedClick unit for €337 million ($389 million) in cash to ...
Monument Re announced today that it had reached an agreement with Zurich International Life Limited (“ZILL”) to acquire the closed book portfolio of Zurich International Life Limited’s Singapore long ...
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 ...
ZURICH, Jan 3 (Reuters) - Zurich Insurance (ZURN.S), opens new tab will release about $1.2 billion of capital by selling its Italian life and pensions back book to Portuguese insurer GamaLife, the ...
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 remains a quality European insurer with strong capitalization and a 5.2% forward dividend yield, but limited upside potential. ZURVY's operational performance is solid, with growth in ...
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 ...
NEW YORK--(BUSINESS WIRE)--Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc. (“MetLife”), announced today it has completed a significant longevity reinsurance transaction ...