Zurich Financial Services has revealed plans to restructure its Zurich Capital Markets Inc (ZCM) unit.
In a bid to concentrate on ZCM's core strengths of asset management and client servicing Zurich will cut its investment in noncore businesses.
As part of its restructuring, ZCM will cut parts of its structured finance business and operations in Sydney. The cuts will be conducted over the coming several months.
David Wasserman, ZCM's chief executive said: "ZCM has built a business creating innovative products for its clients. The restructuring of ZCM is in line with the Group's strategy to concentrate on core markets and core products in targeted regions."
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.
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.
