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ZURICH INSURANCE REVIVES TALKS TO DIVEST GERMAN LIFE INSURANCE PORTFOLIO

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✍️ Zurich Insurance Group has reopened negotiations to sell its German life insurance portfolio, valued at around $20bn, after an initial agreement with Viridium Holding collapsed.

👉 Zurich Insurance Group has reopened negotiations to sell its German life insurance portfolio 👉 The portfolio is valued at around $20bn 👉 The previous agreement with Viridium Holding collapsed due to complications over its ownership structure 👉 CFO Claudia Cordioli stated that the company is still interested in selling the portfolio and is evaluating options and talking to several players 👉 Cordioli emphasized the importance of ensuring that the buyer has an alignment of interest with policyholders

-- #ClaudiaCordioli #MarioGreco #Germany #business

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Claudia Cordioli Mario Greco Germany business mainstream:perspective

11/8/2025

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ZURICH INSURANCE NET INCOME RISES TO $3.06BN IN H1 2025

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✍️ Zurich Insurance Group reports a 1% increase in net income to $3.06bn for the first half of 2025, driven by a 6% rise in group business operating profit.

👉 Net income attributable to shareholders after tax increased by 1% to $3.06bn 👉 Group business operating profit rose by 6% to $4.2bn 👉 Property and casualty division's business operating profit grew by 9% 👉 Life segment's business operating profit experienced a slight dip 👉 Gross written premium and policy fees increased by 7%

-- #MarioGreco #business

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Mario Greco business mainstream:perspective

8/9/2025

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CONFUSED AND CONCERNED, CEOS GET TO GRIPS WITH TRUMP’S NEW TARIFF REGIME

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✍️ The United States has begun enforcing a new 19% tariff on Indonesian imports, causing uncertainty and confusion among business leaders.

👉 The US has imposed a 19% tariff on Indonesian imports 👉 The tariff rates range from 10% to 50% on dozens of trading partners 👉 The overall effective tariff rate is estimated to be over 17% 👉 Business leaders are calling for clarity and certainty in the trade environment 👉 Uncertainty is causing delays in investments and could impact global growth and demand