Reinsurance News
Zurich Insurance
Beazley rejects latest Zurich proposal on the basis it ‘materially undervalues’ the firm
22nd January 2026
Specialist insurer Beazley has confirmed that its Board of Directors has unanimously rejected Zurich's cash proposal of 1,280 pence per share, stating that it "materially undervalues Beazley and its longer-term prospects as an independent company." The decision from Beazley comes after a detailed evaluation of the January 19th proposal by ... Read the full article
Moody’s flags Zurich’s move for Beazley as catalyst for cyber consolidation
21st January 2026
Moody's has suggested that the proposed acquisition of Beazley by Zurich would be credit-positive for the Swiss insurer, accelerating its push to build leadership in specialty insurance and driving further consolidation in the cyber insurance market, where both are major players. On Monday, Zurich announced it had submitted an enhanced ... Read the full article
Geopolitical divides and tech challenges top 2026 risk agenda: Marsh & Zurich
14th January 2026
Commenting on the World Economic Forum’s Global Risks Report 2026, Marsh and Zurich have highlighted deepening geopolitical divides, alongside mounting technological and societal challenges, as key forces shaping the business landscape in the year ahead. As strategic partners of the World Economic Forum and members of its Global Risks Advisory Board, ... Read the full article
Paolo Mantero named Zurich’s Group Head of Reinsurance
5th January 2026
Global multi-line insurer, Zurich Insurance,, has appointed Paolo Mantero as its new Group Head of Reinsurance, who is transitioning to the role from his most recent position as Chief Strategy Officer (CSO). Mantero, who brings a wealth of strategic depth and financial acumen to the role, has held several leadership ... Read the full article
Economic downturn fears top G20 business leaders’ risk concerns: WEF
3rd December 2025
Fears relating to an economic downturn continue to dominate concerns cited by G20 business leaders, according to the Executive Opinion Survey 2025, conducted by the World Economic Forum and released by its strategic partners Marsh McLennan and Zurich Insurance Group. The annual survey, which gathered insights from more than 11,000 business ... Read the full article
Zurich expands cyber capabilities with acquisition of BOXX Insurance
3rd July 2025
Global insurer Zurich Insurance Group has entered into an agreement to acquire BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech, which will be integrated into Zurich Global Ventures (ZGV). This acquisition is set to boost Zurich’s cyber protection capabilities, allowing it to provide retail and SME cyber insurance ... Read the full article
Zurich promotes Alex Todd to Chief Underwriting Officer APAC
27th February 2025
Zurich Insurance has recently promoted Alex Todd to the position of Chief Underwriting Officer for Asia Pacific (APAC). Todd brings over 20 years of industry experience to his new role, specialising in Property, with a strong focus on the APAC region. He joined Zurich Insurance in August 2023 as Head of Short-Tail ... Read the full article
Zurich names Burford as Global Head of Financial Lines, Cyber, & Credit Lines Claims
21st January 2025
Zurich Insurance has announced the appointment of Debra Burford as Global Head of Financial Lines, Cyber, and Credit Lines Claims. In her new role, Burford will join the Global Large & Complex Claims team, focusing on driving excellence in Financial Lines Claims worldwide. She will collaborate with Claims and Underwriting teams ... Read the full article
Zurich NA establishes new Specialties business unit led by Kelly Kinzer
16th January 2025
Zurich North America has created a Specialties business unit encompassing its Construction, Surety and Financial Lines businesses, placing Kelly Kinzer, previously Head of Construction, to lead it. Kinzer started her career at Zurich in the Construction Underwriting Training Program and later worked in various roles at Allianz Global Corporate & Specialty ... Read the full article
Zurich P&C sees revenue increase as GWP grows 4% in 9M’24
7th November 2024
Zurich has released its financial results for the first nine months of 2024, reporting a “robust performance” as gross written premiums (GWP) for its P&C segment rose 4% and insurance revenue was up 6% with rate increases of 5% year-on-year. The Group also highlighted that in the first nine months of ... Read the full article
4 in 5 residents feel their city is underprepared for climate-related risks: Zurich
24th October 2024
A recent report from Zurich Insurance Group and Economist Impact reveals that four out of five people believe their city is underprepared for climate-related risks, with major concerns about heat waves, air pollution, water shortages, and flooding. The report focuses on climate change in cities around the world and offers actionable ... Read the full article
Moody’s upgrades Zurich Insurance’s rating with stable outlook
18th September 2024
Moody’s Ratings has upgraded the insurance financial strength rating (IFSR) of Zurich Insurance Company (ZIC), the main insurance arm of Zurich Group, from Aa3 to Aa2. Additionally, Moody’s has raised Zurich Group’s long-term debt ratings by one notch. The outlook for all issuers has been revised to stable from positive. The upgrade ... Read the full article
Robin Cooper-Driver & Edward Rayfield join Zurich’s APAC Commercial Insurance unit
9th September 2024
Zurich Insurance Company has announced two key appointments to its Asia Pacific (APAC) Commercial Insurance business, with Robin Cooper-Driver as new Head of Financial Lines, Asia Pacific, and Edward Rayfield as Head of Casualty, Asia Pacific. Both will be based in Singapore and will report to Liam Burrell, CEO Singapore & ... Read the full article
Bridging the cyber protection gap through public-private partnerships: Zurich & Marsh McLennan
5th September 2024
A new whitepaper from Zurich Insurance Group and Marsh McLennan underscores the urgent need for greater public sector involvement to strengthen societal resilience against catastrophic cyber events. As cyber threats evolve rapidly, they are outpacing the ability of traditional insurance and risk management solutions to fully address them. The report emphasises the ... Read the full article
Cowbell secures $60m Series C from Zurich for SMEs cybersecurity boost
26th July 2024
Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced the closure of a $60 million Series C equity round, funded by Zurich Insurance Group (Zurich), a global multi-line insurer. With this $60 million investment, Cowbell plans to enhance its operations to accommodate growing demand, increase its ... Read the full article
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