Zurich
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The pub company is looking for a payout at every one of its 760 premises, whilst insurers claim it is entitled to a single limit. -
The bakery chain is suing Zurich over losses during the lockdown, one of several high-profile BI legal disputes to have emerged.
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The pub chain has claimed in court that it is entitled to separate payouts for each of its 760 venues.
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Aggregation is the main issue in the landmark case brought against MS Amlin, Zurich and Liberty Mutual.
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The commercial insurance CEO said that the industry should act now before the cat market reached a point of implosion.
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Insurers and brokers have been cutting their ties with Russia following the country’s invasion of Ukraine.
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Plus the latest company results, people moves and all the top news of the week.
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CFO George Quinn said he did not foresee any classical inflation scenario impacting the carrier’s P&C book.
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The carrier’s P&C divisions in North America and Latin America both reported 17% year-on-year increases in GWP.
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The Zurich chairman previously spent over four decades at Swiss Re, including as CEO between 2012 and 2016.
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The insurer has teamed up with several carbon-removal suppliers to help it achieve its new goal.
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Zurich is set to remove its Z logo temporarily from social media and possibly dropping the logo entirely since the letter became a pro-Russian war symbol following the country’s invasion of Ukraine.
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