(History of Zurich Insurance Company, Zurich Ireland, Zurich Financial Services, T<\/strong>he Core Business (three) Segments<\/strong>)<\/strong><\/p>\n\n\n\n
Zurich<\/a> is an insurance company; it is a swiss insurance company, headquarter is in Zurich<\/a>, Switzerland, this company is Switzerland\u2019s largest insurer. As of 2020, this is the world\u2019s 117th largest public company according to Forbes,\u2019 Global 2000s list, and in 2011 it ranked 94th in Interbrand\u2019s top 100 brands.<\/p>\n\n\n\n
According to Zurich<\/a>, It\u2019s a leading multi-line insurer that serves its customers in the global and local markets. It provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories, with about 53,000 employees. Its customers include individuals, small businesses, and mid-sized and large companies, multinational corporations as well.<\/p>\n\n\n\n
History:<\/strong><\/p>\n\n\n\n
According to Wikipedia<\/a>, the Zurich<\/a> insurance company was founded in 1872 as the reinsurance under the name of \u201cversicherungs-Verein\u201d<\/p>\n\n\n\n
In 1915 Zurich<\/a> acquired its 1st whole company, \u201cHispania Compania General de Seguros\u201d Barcelona in Spain. Ten years later, in 1922. Zurich was founded \u201cVita Lebenversicherungs-Gesellschaft\u201d as an independent subsidiary which soon expanded into neighboring countries. In, addition the branch was established in the United Kingdom (the 1st foreign insurance company to do so). One year later in Canada, another branch was established.<\/p>\n\n\n\n
In the year 1925, Zurich<\/a> became the official insurer of all new ford vehicles in Great Britain. In 1929, Zurich Fire Insurance company of New York\u201d was founded, the reinsurance company Turegum in 1938 and American Guarantee and Liability Company in New York in 1939. In the year of 1950, it brought a share in the \u201cCompanhia de Seguros Metr\u00f5pole S.A.\u201d of Lisbon. 5 years later, in 1955, \u201cZurich<\/a>\u201d Allgemeine Unfall-und Haftpflicht-Versicherungs-Gesellschaft was named \u201cZurich\u201d Versicherungs-Gesellschaft, a name it still holds today.<\/p>\n\n\n\n
On the initiative of \u201cVita Lebensversicherungs-Gesellschaft\u201d, the 1st first Vita Parcours (fitness trail) in Switzerland was created in 1968 and (Zurich Investment Management) ZIM has founded in 1990 as an investment management partner for the redemption funds and institutional investor in Switzerland. As a part of a new brand strategy, \u201cVita\u201d became a \u201cZurich\u201d life insurance Company in 1993, operating in the market under the name \u201cZurich<\/a> Leben\u201d. While the name \u201cVita\u201d thus disappeared from the market. It lives on the \u201cStiftung Vita Parours\u201d, which was outsourced in 1994. \u201cZurich\u201d took over the Zurich private bank \u201dR\u00fcd, Blass & Cie\u201d due to refocusing on the insurance business, the private bank was sold again in 2003.<\/p>\n\n\n\n
The <\/strong>Zurich Ireland:<\/strong><\/a><\/strong><\/p>\n\n\n\n
Zurich Ireland<\/a>, officially known as ZIP (Zurich<\/a> Insurance plc), it is a wholly-owned subsidiary of Zurich<\/a> Insurance Group Ltd. ZIP (Zurich Insurance plc) is an Irish insurance company originally incorporated in 1950 and is Zurich<\/a> Insurance Group\u2019s main legal entity for writing non-life insurance business in Europe. ZIP writer non-life insurance business across the EU through its Irish Head Office and network of branches.<\/p>\n\n\n\n
Zurich insurance group:<\/strong><\/p>\n\n\n\n
The core business (three) segments:<\/strong><\/p>\n\n\n\n
\u2022 The general insurance:<\/strong><\/p>\n\n\n\n
\u2022 The global life:<\/strong><\/p>\n\n\n\n
\u2022 The farmer:<\/strong><\/p>\n\n\n\n
Zurich financial services:<\/strong><\/p>\n\n\n\n
In 1998, Zurich<\/a> and the financial division of British American Tobacco merged to form \u201cZurich<\/a> Financial Services\u201d. This comprised the Swiss company \u201cZurich<\/a> Allied AG\u201d, listen to the Swiss Market Index, and the British company \u201cAllied Zurich plc\u201d listen on the FTSE 100 (Dual-listed Company). In 2000, the structure was reorganized under the single holding company under the Swiss company law; all old shares were replaced by the new shares in the newly formed ZFS \u201cZurich Financial Services\u201d with a first listing on the SIX Swiss Exchange in Zurich and the second listing in London.<\/p>\n\n\n\n
Corporate the Social Responsibility:<\/strong><\/p>\n\n\n\n
In 2009, the Zurich<\/a> group was awarded the charity Times (Best Insurance Services) and shortlisted again in the year 2010. In 2012, the Zurich Community Trust (United Kingdom) won the Cross-Sector Partnership of the year Award for its partnership with the treatment charity Addaction.<\/p>\n\n\n\n
At this group level, Zurich<\/a> foundation\u2019s mission is to help communities and individuals understand and manage the risk, leveraging Zurich\u2019s core strengths as the insurer. Zurich group is achieving this aim by working with long-term partnerships with select non-profit organizations, e.g. Rainforest Alliance, and Practical Action.<\/p>\n\n\n\n
Zurich Middle East<\/strong><\/a> in Dubai, UAE<\/strong><\/p>\n\n\n\n
The Zurich Middle East insurance<\/a> is the part of Zurich Insurance Group. In an effort to improve health insurance benefits in the UAE, Zurich middle east<\/a> is introducing YourCare, the health insurance plan for the age group also known as the Millennials, (those people who born between 1984 and 1996), application is submitted online without prior health diagnosis. For four 4 AEDs (1.08 USD) per day, the customer would be covered up to 1 million AEDs (272 210 USD) funeral expenses, hospitalization fees, and health care for the children with cancer are included in this plan.<\/p>\n","protected":false},"excerpt":{"rendered":"