• 31-OCT-2014

  • SOURCE: Zurich

Zurich closes sale of its Russian retail business

Mike Kerner, CEO General Insurance
Zurich has successfully closed the sale of its general insurance retail business in Russia to OLMA Group. The transaction is a proof-point of Zurich's 2014-2016 strategy to invest in priority markets, while either turning around or exiting those that are under-performing. The signing of the sale has already been announced on July 3, 2014.