New chief executive will start new job on 7 March

Mario greco

Mario Greco will take over as Zurich’s group chief executive two months earlier than planned.

The former Generali chief executive was due to take the top job at Zurich from interim chief executive Tom de Swaan on 1 May this year.

But the insurer announced this morning along with its “disappointing results” that Greco would assume his new role on 7 March.

This morning Zurich announced a 53% drop in net profit after tax and plans to cut thousands more jobs as it aims for $1bn (£690m) of annual cost savings by 2018.

The Swiss insurance group aims to axe 8,000 jobs by 2018, including the roughly 1,800 cuts or transfers already announced in 2015.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.