Zurich
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The transaction has now received regulatory approval and has closed.
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AIG, Chubb, Markel, Swiss Re and Zurich are among the carriers which face potential losses from the tour operator's collapse. -
Swiss Re, Allianz and Zurich are among those backing the UN initiative.
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Peter Giger was previously CFO at the Swiss insurance group.
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The business is likely to be valued at around $500mn, according to market sources.
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The Pennsylvania-based grocer has been named in multiple lawsuits by plaintiffs seeking to recover billions of dollars over opioids.
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The executive will head up the unit following Angelo Colombo’s departure to Swiss Re.
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The casino giant says it is at risk of “losing valuable witnesses and attorneys” in legal battles with more than 4,000 claimants.
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Zurich has named Brian Winters as head of sales and distribution for US commercial insurance.
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Panellists at the Biba conference condemn sexist behaviour.
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Zurich recorded a 2 percent rate rise across its P&C book in the period.
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