Zurich Financial Services has completed the acquisition of 75.9% of the Versicherungsholding der Deutschen Bank AG from Deutsche Bank.

The acquisition includes the Deutscher Herold Group, Bonnfinanz and Deutsche Gesellschaft fur Vermogensberatung.

The chief executive of Zurich Continental Europe, Axel Lehmann, said: "The acquisition of Deutscher Herold provides an excellent platform from which the group will grow its life insurance and wealth accumulation business in continental Europe and take advantage of the growing pension market business."

The acquisition forms part of Zurich's strategy to strengthen its market position in continental Europe.

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.

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