Zurich Insurance

Zurich's board has appointed Alex Wells, effective immediately, as CEO of Zurich U.S. and as a member of the group executive committee. Wells succeeds Sierra Signorelli, who has left the company; he most recently led the middle-market customer segment in the U.S. » Mere på finanzen.net

According to a report, Zurich Insurance and Allianz have trade credit policies that expose them to the troubled iron ore trader Radiant World. Zurich is said to have insured against defaults on claims by commodities group Glencore in the double-digit million‑dollar range, while Allianz Trade is reportedly affected to a lesser extent. Radiant World is facing creditor claims and allegations of allegedly forged documents in the UK and Singapore; Radiant and founder Pinkesh Nahar deny the allegations, and Zurich says it has no material exposure. » Mere på finanzen.net

Zurich will, on 1 October, repay a subordinated bond issued in 2016 by Zurich Insurance Company Ltd with a principal amount of €750 million. » Mere på finanzen.net

Zurich Insurance disclosed its US equity portfolio for the second quarter of 2026 and selectively added to semiconductor and pharmaceutical positions. Holdings in AMD, Micron and Eli Lilly were significantly increased, while Microsoft and Apple were partly sold. The largest single holding remains NVIDIA, followed by Apple and Alphabet as major portfolio positions. » Mere på finanzen.net

The 13F filing as of June 30, 2026 shows that Zurich Insurance selectively reshuffled US equities in the second quarter. Its asset management significantly increased holdings in semiconductors such as AMD and Micron and in Eli Lilly, while taking profits on Microsoft and Apple. Big-tech names remain the largest positions in the US portfolio. » Mere på finanzen.net