ZURICH (dpa-AFX) - Swiss insurance company Zurich Insurance Group (ZURVY) said it has made good progress in the execution of its strategy for 2014 to 2016. Despite headwinds in the external environment it is confident that it will achieve its targets for the current period.
The company stated that its main priorities through to the end of 2016, will be to continue previously announced actions across each of its three strategic cornerstones.
In addition, Zurich expects to redeploy USD 3 billion of excess capital by the end of 2016, either through M&A transactions or a return of capital to shareholders.
Copyright RTT News/dpa-AFX