As part of 'refreshed' strategy, reinsurer has raised L&H unit's 2026 income target to US$1.7bn, having completed a portfolio review in Australia, Israel, and South Korea.
Confirmation of the independent investigation, which commenced last month, comes amid Neal’s withdrawal from AIG President role he was due to commence in December.
Club is expecting a rise in premiums and improved COR for the current financial year, but said the "prudent" rate rise reflects ongoing claims volatility and geopolitical risk.
The expanded programme allows policyholders to use credits for a wider range of loss-prevention projects identified through FM’s engineering assessments.
The initiative, which includes partnerships with two Swiss universities, aims to create AI solutions that can be scaled across Zurich's operations to address practical insurance challenges.
The firm is targeting growth in regions where cargo delay risks are highest, while advancing its use of AI, blockchain, and smart contracts to modernise global logistics insurance.
The funding, led by Hong Kong-based Yunfeng Financial Group Limited, will support the development and rollout of life insurance products denominated in digital currencies.
The reinsurer is also expecting insurers to focus on the “decumulation phase,” offering products like annuities and long-term care to address longevity risk.
