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Money & Finance

Zurich shareholders approve all Board proposals at Annual General Meeting

SHERIDAN, WYOMING – May 20, 2022 –

  • 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). They also elected all the other current Board members who stood for re-election, and elected Peter Maurer as a new member of the Board as of October 1, 2022.

As of October 1, 2022, the Board will have 12 members, with equal gender representation.

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

SHERIDAN, WYOMING – May 20, 2022 –

  • 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.

It now aims to reach the goal by 2030, after implementing plans announced last year to achieve deep cuts in absolute emissions this decade. After that, emissions that cannot be avoided will be removed from the atmosphere.

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

SHERIDAN, WYOMING – May 20, 2022 – 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.

Contacts

  • Media Relations

    Zurich Insurance Group
    Mythenquai 2
    8002 Zurich
    Switzerland
    +41 44 625 21 00
    media@zurich.com

  • Investor Relations

    Zurich Insurance Group
    Mythenquai 2
    8002 Zurich
    Switzerland
    +41 44 625 22 99
    investor.relations@zurich.com