Zurich’s new strategy includes crops

Zurich’s new strategy includes crops. The Swiss insurer looks to acquire MN-based agricultural insurer, Rural Community Insurance Services, from Wells Fargo for ~$1.05 billion. Recall: OneBeacon also exited crop insurance this past summer. Bottom Line: one’s investment strategy is another one’s divestment strategy.

Financials

Zurich reports strong growth across key business lines

By Coverager ·

Gross P&C written premiums increased by 4%

Business

Alexander Schmidt becomes Chief Underwriting Officer of Zurich Group Germany

By Coverager ·

He succeeds Dr. Claudia Max.

Business

Zurich offers free psychological support for clients affected by DANA

By Coverager ·

Zurich, a multi-line insurer with a global presence in over 200 countries, continues to enhance its support offerings, aligning with its mission to build a sustainable future.

Investments

Zurich backs Cowbell

By Gabriella Ben-Hutta ·

According to the press release, since its inception in 2019, Cowbell has raised $202 million.

Zurich’s new strategy includes crops

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Zurich reports strong growth across key business lines

Alexander Schmidt becomes Chief Underwriting Officer of Zurich Group Germany

Zurich offers free psychological support for clients affected by DANA

Zurich backs Cowbell