Zurich

The changes precede the retirement of direct markets head Vince Santivasi.

Partnerships can address growing cyber threats such as DDoS attacks and ransomware, as well as AI.

The Global Risks Report 2024, made in partnership with Marsh and Zurich, shows that extreme weather events, misinformation and disinformation are top risk severity concerns.

Zurich North America has named Eric Cittadino head of programs effective September 1, the carrier announced on Thursday.

NA commercial rates accelerated 9% in Q2 as property pricing rose 18% and auto pricing went up 9%.

The carrier expects NA crop volumes to decrease in 2023 year-over-year due to commodity price developments.

Beneva has signed up to net-zero targets as a member of the NZIA, following a period of turbulence in which Munich Re, Zurich and Hannover Re have left the alliance.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Zurich’s decision comes less than a week after Munich Re decided to withdraw from the UN-backed initiative.

Fox will report to Zurich North America CEO Kristof Terryn, with a shared reporting relationship to group CUO Penny Seach.

The collapse of Silicon Valley Bank is creating investor fear across the global financial services sector. 

Zurich NA’s P&C CoR decreased to 91.3% in 2022 from 92.4% in 2021 while the group’s CoR remained at 94.3%.