Zurich Insurance Group reported a double-digit pick-up in growth of its life business across the Asia Pacific region during the second quarter, which helped to offset falling sales in parts of Europe, Middle East and Africa.
Italian insurer Generali has reached an agreement with general manager and group chief financial officer, Alberto Minali, to terminate his employment contract, effective from 31 January.
Jack Howell, the former chief executive of Asia for Italian insurer Generali, is to join his former boss Mario Greco at Zurich as chief executive of Asia Pacific.
Mario Greco, the recently appointed chief executive of Zurich Insurance Group, has announced a company-wide reorganisation and named his new leadership team.
Zurich Insurance Group reported a drop in net profits for the first quarter, after operating profits fell 23% in general insurance and a marginal decrease in the company’s Global Life business.
Italian insurer Generali has appointed Philippe Donnet group chief executive, replacing Mario Greco who departed last month to take the top job at Zurich Insurance Group.
Zurich Insurance Group has posted what its own chief executive has called a “disappointing” set of results, recording a 37% drop in operating profit for 2015.
Zurich Insurance Group has announced that Mario Greco, the group chief executive of Italian insurer Generali, has agreed to take on the top job at the Swiss-based giant.
