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Tag: Zurich Insurance

Zurich Insurance: Agreement for the sale of Russian activities

Zurich Insurance: Agreement for the sale of Russian activities Zurich Insurance: Agreement for the sale of Russian activities

Zurich Insurance Group has announced that it has agreed to sell its Russian operations to 11 members of its group there, and will leave the market. According to the new owners, the activities will operate independently, with a different brand, stressed the Swiss insurance group. “The transaction will allow the new company to retain a […]

Zurich Insurance: Expects to exceed the targets for 2022

Zurich Insurance: Expects to exceed the targets for 2022 Zurich Insurance: Agreement for the sale of Russian activities

Zurich Insurance announced that it expects to exceed the financial targets for 2022, as it announced a double-digit increase in insurance premiums in the first quarter and stressed that its losses from the conflict in Ukraine are likely to be negligible. The fifth largest insurance company in Europe, set three-year targets in November 2019. “The […]