Zurich

People Moves | 19 May 16

FPI has confirmed the departure of Singapore managing director Chris Gill and named his replacement. Zurich has made several senior changes of late, including handing the reins of its MEA Global Life business to Walter Jopp. Axa France’s chief executive and chairman is to depart, while Deutsche Bank’s co-chairman of the management board is to step down but will continue to support the bank in a different role.

Middle East | 18 May 16

Walter Jopp has been appointed chief executive of Zurich Global Life, Middle East & Africa, with immediate effect.

Life | 12 May 16

Zurich Insurance Group reported a drop in net profits for the first quarter, after operating profits fell 23% in general insurance and a marginal decrease in the company’s Global Life business.

Asia | 5 May 16

Zurich Insurance has signed a deal to buy Malaysia’s MAA Takaful for $134.6m (£92.7m, €117m), giving Europe’s fifth biggest insurer a foothold in the world’s second largest Islamic insurance market.

Europe | 29 Apr 16

Ireland’s state-owned insurer, Vhi Group, the country’s largest health insurer, has entered the life insurance market after joining forces with Zurich Insurance.