Zurich CEO seeks emerging market distribution deals

January 27, 2014 by Catherine Bosley and Carolyn Bandel, Bloomberg

(Bloomberg) — Zurich Insurance Group AG, the biggest Swiss insurer, is seeking more agreements to sell life insurance via banks to help expand in emerging markets.

“We will keep looking at new distribution deals, particularly in the geographies that we’re excited about” including Malaysia, Indonesia, Mexico and Brazil, Kristof Terryn, CEO of Zurich Insurance’s global life unit, said in an interview in Davos. “If we have the opportunity to expand bank distribution there through distribution or joint venture, we will definitely look at it.”

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Originally Posted at LifeHealthPro on January 24, 2014 by Catherine Bosley and Carolyn Bandel, Bloomberg.