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...While the majority of Apple’s AI team work from offices in California and Seattle, the tech group has also expanded a significant outpost in Zurich....
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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...It is continuing to provide cover to ships transiting the Red Sea, for which insurance rates have jumped as the Houthi rebel group has attacked commercial ships....
...Its use of generative artificial intelligence was also growing, he said: about a fifth of all emails that come into the group — a trickier area to automate than in-app communications — are responded to by...
...The cache of shipping files, seen by the Financial Times and the Danish media group Danwatch, reveals a number of Russian vessels travelling from the Baltic are relying on insurance that can be easily voided...
...Insurance group Zurich’s sale of a $20bn life insurance book to Viridium has collapsed, with the private equity-backed German consolidator citing “considerations relating to [its] current ownership structure...
...Insurance group Zurich has accused financier Lex Greensill, steel magnate Sanjeev Gupta and certain of their companies of a “conspiracy” to deceive its underwriters and create sham debts....
...Zurich, one of Europe’s biggest insurers, posted a record adjusted operating profit of $7.4bn, lifted by rising commercial insurance prices and a particularly strong performance by its life division, topping...
...This exhibition is both an ode to the pioneering group itself and a history of the nation’s cinema....
...Down on the street below, polished chauffeured cars purred past, ferrying Zürich’s lawyers, insurance brokers and financiers to their villas out of town....
...But thanks to a small group of disrupters, there is a new type of chocolate in town....
...This article is part of a guide to Zürich from FT Globetrotter The newest addition to the Living Circle’s small yet impressive group of properties, Alex Lake Zürich, a modernist waterfront hotel, has a...
...This article is part of a guide to Zürich from FT Globetrotter Rising magnificently from the Limmat river, the five-star Storchen hotel has occupied arguably the best spot in the city since 1357....
...This article is part of FT Globetrotter’s guide to Zürich No doubt many ski trips for FT readers have begun in Zürich....
...Then a banner deal from Viridium to acquire a $20bn back-book from Zurich collapsed in January....
...Rising commercial insurance prices also lifted rival insurance group Zurich, which reported on Thursday a record adjusted operating profit of $7.4bn, topping analysts’ expectations....
...Earlier this week, Knight Insurance Group, one of more than a handful of companies that make up Hankey’s financial empire, put up a $175mn bond for Donald Trump, an amount the former president had to post...
...“Wildfires don’t just kill people,” says Adrita Bhattacharya-Craven, director for health and demography at the Geneva Association, a global group representing insurance sector CEOs....
...The price rises have sparked concern among insurance buyers and consumer groups....
...Admiral posted group pre-tax profits of £443mn for 2023, up almost a quarter on rising car insurance premiums but below analysts’ expectations....
...manager and adviser to other insurance groups....
...The wrangling as to which group was more liable “can go on quietly and sensibly, and it will go on behind the scenes”, he said....
...The group said its motor business had now “turned the corner” as it pushed up prices, adding that policies sold in the second half were estimated to achieve a net insurance margin — a new measure which calculates...
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