Hunt on for a successor as James Schiro retires
James Schiro will step down as chief executive of Zurich Financial Services at the end of 2009.
Schiro, 62, who has been in charge since 2002, won't renew a three-year contract that will run out at the end of this year.
Zurich has started the search for a successor.
The story appeared in Swiss paper Cash, but was confirmed to Insurance Times this morning. Zurich said Schiro had said last year that would not renew his contract and that “rigorous succession plan” was in place.
