Zurich coverage institution Ltd. is a Swiss coverage business enterprise, typically known as Zurich, headquartered in Zürich, Switzerland. The organisation is Switzerland's biggest insurer. As of 2017, the institution is the sector's 91st largest public business enterprise in step with Forbes' global 2000s listing, and in 2011 it ranked 94th in Interbrand's top100 manufacturers.
Zurich is a global insurance organisation which is organized into three center business segments: general coverage, global existence and Farmers. Zurich employs nearly 54,000 people serving customers in greater than one hundred seventy countries and territories around the globe.The enterprise is listed at the SIX Swiss exchange. As of 2012 it had shareholders' equity of $34.494 billion.
The organization changed into based in 1872 as a marine reinsurance under the name "Versicherungs-Verein" (coverage association), a subsidiary of the Schweiz Marine organization. In 2000, after some of acquisitions, it become unified to form one keeping agency – Zurich economic services.
In April 2012, Zurich economic offerings Ltd modified its name to Zurich insurance institution Ltd. In a announcement the group explained the intent in the back of the name alternate. "In recognition of this strategic consciousness, the connection with financial offerings inside the organization call has been changed via indicating the coverage hobby of the group instead and to specify the reason accordingly.
In December 2015, the organization's CEO Martin Senn (who dedicated suicide on may additionally 27, 2016) introduced his resignation. regardless of years of especially worthwhile enterprise operations the point of interest become placed on recent occasions which forced Mr. Senn to step down. advert-meantime Chairman Tom de Swaan took over as performing CEO.
On 26 January 2016, it became introduced that Zurich had poached Mario Greco, CEO of Generali as its next chief govt, and that he could begin on 1 may additionally.
core commercial enterprise segments
1)general insurance
2)global life
3)Farmers
