Zurich
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The Swiss carrier denies signing off dangerous new-builds without full inspections.
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Maxine Goddard and Rachael Dobie will be senior vice president and assistant vice president respectively.
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The resilience solutions operation joins advisory segments focused on climate change, cyber security and supply chain risk.
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QBE is said to be a fourth potential bidder.
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The ratings agency said Zurich Insurance’s financial performance was “sustainably improved” and gave the rating a stable outlook.
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More customers and investees are in dialogue with the carrier over sustainable energy concerns.
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The four major developments of the week include:
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The new commercial lines chief joined Zurich from AIG in 2017.
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Dirk De Nil succeeds David Haak, who moves internally.
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The executive will replace incoming Lloyd’s chief of markets Patrick Tiernan.
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The CFO said that commercial lines business was improving faster than retail, reversing previous trends.
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The carrier reports strong pricing momentum, with commercial premiums rates up 17% in North America.
