Reinsurance News
Zurich
Zurich is one of the largest insurance companies in the world. Headquartered in Switzerland, Zurich Insurance provides a wide range of specialist commercial insurance products and is a meaningful buyer of reinsurance protection.
Moore named Head of Group Captives for Zurich North America
30th September 2025
Zurich North America has announced the appointment of Matthew Moore as Executive Vice President - Head of Group Captives. In his new role, Moore will be based in Chicago and report to Alex Wells, EVP & Head of Middle Market at Zurich North America. The executive will be responsible for the strategy ... Read the full article
Zurich launches Fronted MBR solution for multibillion-dollar construction programs
12th August 2025
Zurich North America has launched its Fronted Master Builders Risk (MBR) solution, a new insurance product designed to handle unprecedented scale and complexity of today’s largest construction projects. This offering is particularly relevant given the growth in sectors like e-commerce, artificial intelligence (AI), and advanced manufacturing. "We began developing this at the ... Read the full article
Zurich’s P&C segment delivers record profit of $2.4bn for H1’25
7th August 2025
Large insurer Zurich achieved a 6% year-on-year rise in Group business operating profit (BOP) to a record $4.2 billion for the first six months of 2025, with property and casualty (P&C) BOP rising 9% to an all-time high of $2.4 billion. Group-wide, net income increased by 1% to $3.1 billion for ... Read the full article
Zurich Canada unveils organisational enhancements to support customers and brokers
16th July 2025
Zurich Insurance Company Ltd (Canadian Branch) has announced a series of organisational enhancements with new units and leadership appointments to further support customers and broker partners. As the company enters its next phase of growth, these organisational enhancements aim to more closely align Zurich Canada’s teams with its key customer segments: ... Read the full article
Zurich Insurance names Jim Qin as CEO for Life and General Insurance in Hong Kong
11th July 2025
Zurich Insurance, an insurer with a significant presence in Hong Kong, has named Jim Qin as CEO for its Life and General Insurance businesses in the region. In this expanded role, Qin will oversee both divisions, guiding Zurich’s growth and innovation in Hong Kong’s insurance market. Qin joined Zurich in 2019 as ... Read the full article
Zurich expands cyber capabilities with acquisition of BOXX Insurance
3rd July 2025
Global insurer Zurich Insurance Group has entered into an agreement to acquire BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech, which will be integrated into Zurich Global Ventures (ZGV). This acquisition is set to boost Zurich’s cyber protection capabilities, allowing it to provide retail and SME cyber insurance ... Read the full article
Zurich urges stronger climate resilience for Europe’s clean energy infrastructure
24th June 2025
In a recent report, Zurich Insurance Group emphasised the urgent need to strengthen Europe’s clean energy infrastructure against growing climate-related threats, calling for stronger collaboration between the public and private sectors. The report analysed more than 25,000 power generation sites across France, Germany, Italy, Spain, and the UK. Using Climate Spotlight, ... Read the full article
Theo Pitsikas appointed Head of SME APAC for Zurich Insurance Asia Pacific
20th May 2025
Zurich Insurance Asia Pacific has announced the appointment of Theo Pitsikas as Head of SME APAC, in which he will be responsible for leading efforts across Asia Pacific markets to strengthen the group’s presence within the Small to Medium Size Enterprise (SME) segment. Due to the relatively low penetration in developing ... Read the full article
Zurich NA’s Fox to lead US National Accounts, Caminiti promoted to CUO
16th May 2025
Zurich North America (NA), a provider of insurance and risk management services, has strengthened its leadership with Heather Fox now set to lead the US National Accounts business. Most recently, Fox was the Chief Underwriting Officer (CUO) for Zurich North America. She succeeds Paul Lavelle, the previous Head of US National ... Read the full article
Zurich Singapore names Yeo as Head of Property & Ong as Head of Financial Lines
13th May 2025
Zurich Singapore, part of the global insurance group, has strengthened its Commercial Insurance business segment with the appointment of Christy Yeo as Head of Property and Wendy Ong as Head of Financial Lines. The pair will report to Alexandra Cowley, Chief Underwriting Officer, Singapore, Zurich, and will be responsible for the ... Read the full article
Zurich secures aggregate reinsurance amid ‘favourable price environment’
8th May 2025
Large European insurer Zurich took advantage of the "favourable price environment" at the April renewals and secured global aggregate reinsurance cover for lower layers, leveraging alternative, collateralised, and traditional capacity, Claudia Cordioli, Zurich Group Chief Financial Officer (CFO), said on today's earnings call. After reporting a solid set of Q1 ... Read the full article
Zurich’s P&C business sees insurance revenue & GWP rise 5% in Q1’25
8th May 2025
Zurich has reported that insurance revenue and gross written premiums (GWP) in its Property & Casualty (P&C) segment rose by 5% each in Q1 2025, reaching $10.8 billion and $13.3 billion, respectively. According to Zurich, the Q1 2025 growth was supported by higher premium rates of 4% in P&C, which was ... Read the full article
Chubb, Zurich, and National Indemnity launch new excess casualty facility
2nd May 2025
Chubb, Zurich North America and National Indemnity have launched a new excess casualty facility that can offer up to $100 million in lead excess casualty insurance capacity on a claims-made basis for large national and multinational companies. According to a joint statement, the facility will provide excess umbrella liability coverage underwritten ... Read the full article
Premiums set to rise unless governments act on climate risk, says Zurich
29th April 2025
With the costs from extreme weather and natural catastrophes rising, Zurich Insurance has released a report highlighting the urgent need for action from governments, insurers, and communities to collaboratively build climate resilience. According to the firm's report, the past decade has seen $2 trillion in economic losses due to extreme weather ... Read the full article
Zurich invests in M&A specialist Icen Risk
1st April 2025
Global multi-line insurer Zurich Insurance Group has strategically invested in Icen Risk (Icen), a specialist M&A insurer which offers bespoke coverage for Warranty & Indemnity, Tax, IP, and Environmental risks in European mid-market M&A transactions. The transaction, which is subject to regulatory approval and expected to close in Q3 2025, will ... Read the full article
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