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Zurich Insurance Group AG (LTS:0QP2) Other Liabilities for Banks


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What is Zurich Insurance Group AG Other Liabilities for Banks?

Other Liabilities (Bank) only applies to banks.


Zurich Insurance Group AG Business Description

Address
Mythenquai 2, Corporate Center, Zurich, CHE, 8002
Zurich is a multiline insurer that writes business across both life and nonlife insurance and also owns Farmers Management Services. The company was founded in 1872 as a marine reinsurer to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling, which would be damaging to both customers and Zurich. Over the years, Zurich has sought to combine customer goodwill through claims and a sufficient premium. Zurich is one of the most successful European insurers.