Education and Insurance

Zurich Insurance cluster Ltd. (SIX: ZURN) is a Swiss insurance firm, commonly notable as metropolis, headquartered in Zurich, Switzerland. The company is Switzerland's largest insurer. As of 2015, the group was the world's 78th largest public company according to Forbes' international 2000 s list, and in 2011 it ranked 94th in Inter brand's top 100 brands.

Zurich is a international insurance firm that is organized into 3 core business segments: General Insurance, Global Life and Farmers. Zurich employs around sixty,000 people serving customers in a lot of than a hundred and seventy countries and territories round the globe. The company is listed on the SIX Swiss Exchange. As of 2012 its capital position was strong, with shareholders' equity of $34.494 billion.

The company was founded in 1872 as a marine insurance beneath the name "Versicherungs-Verein" (Insurance Association), a subsidiary of the Schweiz Marine Company. In 2000, after a range of acquisitions, it was unified to make one company – Zurich money Services.

In April 2012, metropolis money Services Ltd modified its name to Zurich Insurance cluster Ltd. In a statement the Group explained the principle behind the name modification. "In recognition of this strategic focus, the reference to financial services within the name has been replaced by indicating the insurance activity of the cluster instead and to specify the aim consequently."

In December 2015, the group's CEO Martin Senn declared his resignation. Despite years of highly profitable business operations the focus was placed on recent events that forced Mr. Senn to step down. Ad-Interim Chairman Tom de Swaan took over as acting CEO.

On 26 Gregorian calendar month 2016, it was announced that metropolis had cooked Mario old master, CEO of Generali as its next chief govt, and that he would start on one could.

Core business segments
General Insurance
Zurich's General Insurance business serves individuals, small and medium-sized businesses and major international firms with motor, home, and commercial product and services.

Global Life
Zurich's Global Life business offers life insurance, savings, investment and pension products. In the us insurance is issued by Zurich yankee insurance Company with offices in Schaumburg, Illinois and New York town.

Farmers
Zurich's Farmers segment includes Farmers Management Services, which provides non-claims connected management services to the Farmers Exchanges (not in hand by Zurich), as well because the Farmers RE business which incorporates reinsurance assumed from the Farmers Exchange by the cluster. Zurich’s Farmers Insurance Group is the third largest insurance cluster within the us.

In 2009, Zurich was awarded Charity Times "Best Insurance Services" and was shortlisted once more in 2010. In 2012 the Zurich Community Trust (UK) won the Cross Sector Partnership of the Year Award for its partnership with the treatment charity Addaction.

According to its website, Zurich Community Trust has given over £60 million since 1972, with the goal of addressing key social issues. It has supported over 600 charities a year, making a measurable impact on the lives of over eighty,000 people. Zurich was one of the primary recipients of the Community Mark from Business within the Community that it's with success preserved for 3 years.

At a group level, the Z Zurich Foundation's mission is to facilitate people and communities perceive and manage risk, leveraging Zurich's core strengths as associate degree non depository financial institution. Zurich is achieving this aim by operating with long partnership with choose non-profit organizations such as sensible Action, the Rain forest Alliance, and the International Federation of NGO and Red Crescent Societies.

In March 2012, metropolis bolstered its commitment to the Z Zurich foundation by creating a substantial investment of $100 million.

In 2011, Zurich launched a free on-line resource – My Community Starter – designed to build obtaining concerned in community activities a lot of easy.

On 24 October 2002, Zurich North America hosted a ceremony at the 9/11 Tribute Center observance the winners of its 2012 K.A.M.P. awards, a program created as a living legacy to the four workers killed on 9/11: John Keohane, Peggy Alario, Kathy Moran and Ludwig Picarro.

In March 2013, Zurich declared its international flood resilience program, which aims to enhance community flood resilience by finding innovative ways in which to extend the impact of disaster risk reduction efforts at community, national and global levels. The first country program is going down in North American country and Dutch East Indies. To maximize the community impact of the program, Zurich has shaped a strategic alliance with the International Federation of Red Cross and Red Crescent Societies (IFRC).