Zurich shares plunged more than 9 per cent to their lowest since November 2012 after Zurich warned of an estimated $100 million (€92 million ) fourth-quarter business operating loss for GI, largely due to claims from storms and floods in Britain and Ireland.

Zurich Insurance issued a profit warning for its general insurance (GI) business on Wednesday, its second in four months, threatening its dividend and(...)

Martin Senn, CEO , Zurich Group in Dublin in 2013. Mr Senn announced his rsignation on Tuesday after Switzerland’s largest insurer reported a loss at its general insurance unit and abandoned a takeover bid for Britain’s RSA Insurance Group. (Photograph: Eric Luke / THE IRISH TIMES)

Zurich Insurance Group chief executive Martin Senn resigned after Switzerland’s largest insurer reported a loss at its general insurance unit and aba(...)

RSA boss Stephen Hester was  widely tipped as a potential new boss for Barclays before the reversal. Photograph: Bloomberg

In abruptly ending its courtship of the British insurer RSA, suitor Zurich Insurance opted for the corporate equivalent of the traditional break-up cl(...)

 Martin Senn, chief executive officer , Zurich Insurance Group, pictured in Dublin. Senn, who is weighing a bid for RSA that would increase Zurich’s market share in the UK and Scandinavia, has also sold businesses and improved efficiency as insurers struggle with low interest rates and pressure on price. (Photograph: Eric Luke / THE IRISH TIMES)

Zurich Insurance Group, the Swiss firm considering a bid for the UK’s RSA Insurance Group, reported profit that missed analysts estimates as earnings(...)

Zurich Insurance  chief executive officer Martin Senn. The insurer started reducing costs last year. Photo: Eric Luke/The Irish Times.

Zurich Insurance Group, said second-quarter profit rose 6 per cent as it took fewer losses from natural catastrophes. Net income rose to $837 million(...)

Zurich chief executive Martin Senn pictured in Dublin last year. Photograph: Eric Luke/Irish Times

Zurich Insurance Group will cut about 800 jobs worldwide to save around $250 million per year by the end of 2015 as it streamlines its organisa(...)

Zurich said two investigations by the Swiss Financial Market Supervisory Authority found no indication that Mr Wauthier was subjected to any undue or inappropriate pressur. Photograph: Gianluca Colla/Bloomberg via Getty Images

Global chief executive of Zurich Insurance Group Martin Senn has told The Irish Times the fallout from the suicide in August of chief financial office(...)

Martin Senn: “Overall, we are probably, for six to 12 months, optimistic with a good dosage of cautiousness for the first time since the financial crisis started in 2008.” Photograph: Eric Luke

On his time off, Martin Senn, the Swiss-born global chief executive of Zurich Insurance Group, loves to get stuck into a bit of DIY. “I am a handy man(...)

Josef Ackermann, the former chairman of Zurich Insurance, is seen in a camera viewfinder during a news conference in Frankfurt. Mr Ackermann resigned from the insurer earlier this week following the death of Zurich finance chief Pierre Wauthier, who named Mr Ackermann in his suicide note. Photograph: Johannes Eisele/Files/Reuters.

The chief financial officer of Zurich Insurance, Pierre Wauthier, named chairman Josef Ackermann in his suicide note, the company confirmed today as i(...)