Thursday 28 March 2024
 
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Zurich Insurance

Zurich cuts insurance licences in Bahrain

Global insurer Zurich has announced that its is reducing the number of licenses it holds in Bahrain from three to two in order to simplify its legal structure in the Kingdom and enable more resources to be devoted to customer service.

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Zurich chairman quits over CFO suicide

Josef Ackermann, the former Deutsche Bank boss, resigned on Thursday as chairman of Zurich Insurance over the apparent suicide of the Swiss insurer's chief financial officer.   Ackermann said the family of Pi

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HSBC to launch insurance products in UAE

HSBC said it has signed an exclusive 10-year agreement with Zurich Insurance Middle East to distribute its personal and commercial general insurance products in the UAE. The agreement will help to improve access and distribution o

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UAE residents ‘undervalue home contents by half’

UAE residents may underestimate the value of their home contents by almost half (44 per cent), according to a study released today by Zurich, one of the world’s leading insurance groups. The Zurich UAE Home Appraisal Study,

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Zurich Insurance appoints key official

Zurich Insurance Company in the Middle East has appointed Maroun Mourad as the chief executive officer of its new general insurance (GI) division. Mourad will report directly to Saad Mered, CEO of Middle East and Africa, and will be respon

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Zurich Insurance wins newcomer award

Zurich Insurance Company (ZIC) in the Middle East has been named “Newcomer of the Year” by the Mena Insurance Awards, one of the industry’s top honours in the region. The award recognizes insurers who have made a notable contribution to th

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CBB grants licence to Zurich Insurance

The Central Bank of Bahrain (CBB) has granted a licence to Zurich Insurance Company (ZIC) to open a branch in Bahrain. ZIC is a subsidiary of Zurich Financial Services (ZFS), headquartered in Zurich, Switzerland, which has a long track rec

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