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Best of Innovation: insureNXT 2023 will present the most important developments in the insurance economy on 26 and 27 April in Cologne

Submitted by J. Mikhail on

Cologne, 6 April 2023 - insureNXT 2023, which will take place on 26 and 27 April in Cologne, will show many innovative projects, business models and technologies. More than 170 top speakers and around 170 partners and exhibitors will present themselves at the congress trade fair for innovation in the insurance economy.

insureNXT and the University of St. Gallen are organising their first joint Future.Talk on business transformation in the insurance economy on 14 February 2023

Submitted by J. Mikhail on

Cologne, 31 January 2023 – The University of St. Gallen, one of the leading business schools in Europe, is the new science partner of insureNXT. To start the cooperation, the Future.Talk "Business Transformation in the Insurance Economy: New Impulses through Business Model Innovations" is taking place on 14 February in St. Gallen. Highlights in the programme of the Future.Talk are use cases from UPTO (AXA), Baloise DE and Helvetia Versicherungen Germany, as well as the keynote of the investor and TV lion Carsten Maschmeyer. How do innovations find their way into new business models?

Zurich shareholders approve all Board proposals at Annual General Meeting

Submitted by J. Mikhail on
  • Michel M. Liès confirmed as Chairman of the Board of Directors
  • Peter Maurer elected as new member to join the Board on October 1, 2022; all other Board members standing for re-election confirmed
  • Dividend of CHF 22 per share and all other Board proposals approved

The shareholders of Zurich Insurance Group Ltd (Zurich) confirmed Michel M. Liès as Chairman of the Board of Directors at today’s Annual General Meeting (AGM).

Zurich aims for net-zero target in operations by 2030 instead of 2050

Submitted by J. Mikhail on
  • Signs agreements with innovative carbon removal suppliers
  • Early payments made to help suppliers scale their nature-based solutions
  • Deep cuts in absolute emissions remain a key priority for this decade

Zurich Insurance Group (Zurich) is bringing forward by 20 years its target to achieve net-zero emissions in its operations.

Zurich announces the successful placement of CHF 400 million of senior debt

Submitted by J. Mikhail on

Zurich Insurance Group (Zurich) today announced the successful placement of CHF 400 million of senior unsecured Notes (the “Notes”).

The Notes will mature in July 2029. The transaction was targeted at Swiss investors.

The Notes will be issued by Zurich Insurance Company Ltd and carry a fixed coupon of 1.125%.

The transaction has been conducted for general corporate purposes.

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Zurich releases 2021 Annual Report and Sustainability Report

Submitted by J. Mikhail on
  • Annual Report features new integrated sustainability disclosure underscoring Zurich’s focus on conducting business responsibly and transparently
  • Sustainability Report highlights actions on climate, inspiring confidence in a digital society and strengthening the sustainability of the workforce
  • Zurich publishes the agenda for the Annual General Meeting that takes place on April 6, 2022, without the physical presence of shareholders
  • Peter Maurer up for election to Board of Directors, while all the o

Zurich delivers one of the best results in its history

Submitted by J. Mikhail on
Zurich delivers one of the best results in its history; expects to meet or exceed all 2022 targets Group business operating profit (BOP) rises 35% to USD 5.7 billion in 2021; net income attributable to shareholders rises 36% to USD 5.2 billion Proposed dividend of CHF 22 per share, an increase of 10% on prior year Property & Casualty (P&C) BOP rises 50% to USD 3.1 billion; P&C combined ratio at 94.3%, the lowest level in the past 15 years Strong growth in P&C with gross written premiums (GWP), up 12% in commercial insurance and 8% in retail and SME like-for-like1